Japan is diving deeper into the metaverse. Japan’s Prime Minister Fumio Kishida said the country will continue to focus on “supporting the social implementation of digital technology” and will “expand the use of Web3 services that utilize the metaverse.'
a Web3 policy office under the Ministry of Economy, Trade and Industry , which is focused on creating policies for the country’s gradual blockchain expansion.
In April, a task force launched by Kishida’s Liberal Democratic Party and led by politician Akihisa Shiozaki released an “ ,” which called Web3 the “the new frontier of the digital economy” and outlined plans to advance the national strategy on Web3.to Japanese crypto companies in order to entice them to keep their business in the country and further fuel the nation’s growing Web3 industry.
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