Japan is opening up to the web3 world
Japan is opening up to the web3 world
What's the news?
What's the news?
A statement released by Japanese PM Fumio Kishida, Japan plans to invest in digital transformation including NFT and metaverse services.
Friendly Tax Incentives
Friendly Tax Incentives
In order to push web3, the government will offer tax incentives to companies
that embrace the digital transformation.
Focus on Web 3.0
Focus on Web 3.0
Kishida’s administration
will focus on promoting
web3.0 services which included expansion of blockchain related services
NFT Whitepaper
NFT Whitepaper
The govt. has released NFT Whitepaper which called
Web3 the “the new frontier
of the digital economy".
Boosting Crypto Firms
Boosting Crypto Firms
Ministry of Economy, Trade and Industry (METI) will offer special tax exemption to Japanese crypto companies to help them operate in the country.
Competing with Dubai?
Competing with Dubai?
Dubai policies has been promising for web3 companies. Can Japan turn the tide? It's something worth observing
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