Newly appointed Japanese Prime Minister Shigeru Ishiba aims to use blockchain technology and non-fungible tokens to revalue local assets like food and tourism on a global scale.
Policy documents from Shigeru Ishiba’s office indicate that Japan‘s PM is pro-blockchain and in favor of developing web3 technology to boost the country’s regional economies.
His vision resonates with those of various crypto industry groups that wish for more incorporation of NFTs and Decentralized Autonomous Organizations in augmenting rural economies to promote sustainability and innovation.
“Using blockchain technology, NFTs, and more, we will look to maximize the value of a multitude of analog local products, such as food and tourism experiences,” Ishiba stated in his policy document.
You might also like: Japan’s prime minister hints at improving the web3 space
On X, many traders and crypto investors see Ishiba’s win in the Liberal Democratic Party’s presidential election as a win for Japan’s crypto ecosystem as well. CEO of Forj, Harry Liu, said on an X post that Ishiba as Japan’s PM is “a bullish sign for Japan’s Web3 future!”
Japan’s new Prime Minister Shigeru Ishiba champions blockchain and NFTs to power up the regional economy 🇯🇵
A bullish sign for Japan’s Web3 future! pic.twitter.com/ECETjnpMWp
— Harry Liu @ Forj (@harry_forj) October 1, 2024
Moreover, Masaaki Taira, the current chief of LDP’s Web3 task force is a leading contender for the position of Minister of Digital Affairs in Ishida’s cabinet.
Taira once proposed a plan to connect diverse experiences and applying Japanese intellectual property laws to NFTs. He also suggested measures to boost crypto startups by reforming Japan’s tax system.
Recently on Sept. 30, Japan’s Financial Services Agency plans to review the country’s cryptocurrency regulations, which could result in lower taxes and allow domestic funds to invest in tokens.
The review could reduce the current tax rate on crypto gains potentially ranging from 20% to 55% cuts, in accordance with other investment assets like stocks. Meanwhile, Japan’s crypto market is recovering with trading volumes at centralized exchanges nearing $10 billion per month, according to CCData.
In February, Japan took strides in support of its blockchain ecosystem by allowing local investment limited partnerships to invest in cryptocurrencies, an initiative that encouraged venture capital investment in web3 projects.
Read more: Japanese cabinet approves crypto assets for investment by venture capital firms
where to get clomid no prescription generic clomiphene walmart how to buy generic clomid tablets can i order cheap clomid for sale clomiphene for sale in mexico can you buy cheap clomiphene online where can i buy cheap clomid price
This is the type of post I unearth helpful.
buy generic zithromax for sale – tindamax 300mg for sale flagyl 400mg without prescription
order rybelsus 14 mg – cyproheptadine cheap buy cyproheptadine 4 mg without prescription
order motilium online – order generic cyclobenzaprine how to buy flexeril
azithromycin order online – buy generic tindamax for sale buy bystolic 5mg sale
augmentin 375mg over the counter – atbioinfo.com purchase ampicillin pill
nexium over the counter – nexium to us buy nexium capsules
buy coumadin pills – https://coumamide.com/ order losartan 25mg
buy meloxicam 15mg generic – https://moboxsin.com/ order meloxicam 7.5mg generic
order deltasone 5mg sale – https://apreplson.com/ cheap prednisone 40mg
cheap ed pills – fast ed to take ed pills cheap
purchase amoxicillin generic – comba moxi cheap amoxil online
brand diflucan 100mg – site oral diflucan
cost cenforce – order cenforce 100mg generic buy generic cenforce for sale
cialis from mexico – click mambo 36 tadalafil 20 mg
order ranitidine 150mg online cheap – https://aranitidine.com/# buy zantac tablets
erectile dysfunction tadalafil – https://strongtadafl.com/# cialis online without pres
This is the tolerant of delivery I find helpful. buy tamoxifen sale
sildenafil citrate tablets 50 mg – https://strongvpls.com/ sildenafil citrate 100mg en es
This is the kind of content I take advantage of reading. https://buyfastonl.com/azithromycin.html
This is the type of advise I unearth helpful. https://ursxdol.com/cenforce-100-200-mg-ed/
The thoroughness in this draft is noteworthy. https://prohnrg.com/
This is the big-hearted of literature I positively appreciate. https://aranitidine.com/fr/acheter-cialis-5mg/
This is a theme which is in to my verve… Numberless thanks! Unerringly where can I notice the phone details an eye to questions? https://ondactone.com/simvastatin/
This is a theme which is virtually to my heart… Many thanks! Unerringly where can I find the contact details in the course of questions?
https://doxycyclinege.com/pro/sumatriptan/
The depth in this serving is exceptional. http://zgyhsj.com/space-uid-977929.html
buy generic dapagliflozin for sale – https://janozin.com/ purchase dapagliflozin sale
order xenical for sale – janozin.com buy xenical generic
The thoroughness in this section is noteworthy. http://www.predictive-datascience.com/forum/member.php?action=profile&uid=45989