High-profile figures at WebXConference have spotlighted Japan's commitment to Web3 growth
Both expressed their support for Web3 technology, with Hagiuda highlighting Japan's already established regulatory environment and commitment to foster Web3's growth, according to aPM Kishida, on the other hand, emphasized the transformative potential of Web3 and its ability to lead to social change, and voiced his hope that the conference would encourage new, globally influential projects, particularly within the Metaverse space.
In April, a group from Japan's Liberal Democratic Party shared a document with plans on how to grow the country's cryptocurrency industry. Their ideas include changing tax rules, making accounting rules clearer, and putting a law for decentralized online organizations into place.
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