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According to Forkast, Japan needs to further relax rules for its crypto industry, said lawmaker of Japan’s ruling Liberal Democratic Party and head of its Web 3.0 project team Masaaki Taira, in an interview with Bloomberg.<br />Last month it was reported that Japan’s Virtual and Crypto assets Exchange Association, the self-regulatory body that oversees local crypto exchanges, is planning to ease the lengthy screening process for crypto token listings on exchanges.<br />“This is still not enough,” said Taira, who is seen as the brains behind the country’s crypto policy. “I don’t think we can stop here.”<br />In April, Taira released a white paper on utilizing non-fungible tokens (NFT) and Web 3.0 technologies as a catalyst for growth. “The arrival of the Web 3.0 era is a great opportunity for Japan. But if we continue as we are now, we will surely miss the boat,” said the white paper.

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【Japan’s Web 3.0 lawmaker urges further easing of country’s crypto regulation】According to Forkast, Japan needs to further relax rules for its crypto industry, said lawmaker of Japan’s ruling Liberal Democratic Party and head of its Web 3.0 project team Masaaki Taira, in an interview with Bloomberg.
Last month it was reported that Japan’s Virtual and Crypto assets Exchange Association, the self-regulatory body that oversees local crypto exchanges, is planning to ease the lengthy screening process for crypto token listings on exchanges.
“This is still not enough,” said Taira, who is seen as the brains behind the country’s crypto policy. “I don’t think we can stop here.”
In April, Taira released a white paper on utilizing non-fungible tokens (NFT) and Web 3.0 technologies as a catalyst for growth. “The arrival of the Web 3.0 era is a great opportunity for Japan. But if we continue as we are now, we will surely miss the boat,” said the white paper.

Japan’s Web 3.0 lawmaker urges further easing of country’s crypto regulation

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