NFT News by Thebittimes.Com

Japan’s crypto stance has softened over the years. It is now known that Japanese Prime Minister Fumio Kishida’s “New Capitalism” vision seeks to boost Japan’s economy. The minister has already pledged to double households’ wealth and offered to support and help the country’s Web3 businesses grow. In the past, Kishida also stated that metaverse and NFT-related developments will be a part of the nation’s growth strategy going forward. Now, in a recent policy speech, Kishida announced plans to expand the use of Web3 services to bring about digital transformation. To do so, the country will scale up investments in NFTs and the Metaverse. In his speech to Japan’s parliament, Kishida stressed that the government&rsquo ;s investment in Japan’s digital transformation already encompassed issuing NFTs to local authorities  using technology to cater to jurisdiction-specific issues. Here, it is...

Japan’s crypto stance has softened over the years. It is now known that Japanese Prime Minister Fumio Kishida’s “New Capitalism” vision seeks to boost Japan’s economy. The minister has already pledged to double households’ wealth and offered to support and help the country’s Web3 businesses grow. In the past, Kishida also stated that metaverse and NFT-related developments will be a part of the nation’s growth strategy going forward. Now, in a recent policy speech, Kishida announced plans to expand the use of Web3 services to bring about digital transformation. To do so, the country will scale up investments in NFTs and the Metaverse. In his speech to Japan’s parliament, Kishida stressed that the government&rsquo ;s investment in Japan’s digital transformation already encompassed issuing NFTs to local authorities  using technology to cater to jurisdiction-specific issues. Here, it is...

Japan’s crypto stance has softened over the years. It is now known that Japanese Prime Minister Fumio Kishida’s “New Capitalism” vision seeks to boost Japan’s economy. The minister has already pledged to double households’ wealth and offered to support and help the country’s Web3 businesses grow. In the past, Kishida also stated that metaverse and NFT-related developments will be a part of the nation’s growth strategy going forward. Now, in a recent policy speech, Kishida announced plans to expand the use of Web3 services to bring about digital transformation. To do so, the country will scale up investments in NFTs and the Metaverse. In his speech to Japan’s parliament, Kishida stressed that the government&rsquo ;s investment in Japan’s digital transformation already encompassed issuing NFTs to local authorities  using technology to cater to jurisdiction-specific issues. Here, it is...