Politicians, Not the Usual Bureaucrats, Take the Reins on Web3 in Japan

Sota Watanabe, founder of Astar Network, a platform that supports transactions on multiple blockchains, said that Japan stands at a โ€œsignificant disadvantageโ€ at the moment, compared with jurisdictions like Singapore and Dubai, because of its tax laws. In his view, Japan hasnโ€™t had many successful crypto projects and is behind on accumulating talent.

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