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

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Sota Watanabe, founder of Astar Network, a platform that supports transactions on multiple blockchains, said that Japan stands at a “significant disadvantage” at the moment, compared with jurisdictions like Singapore and Dubai, because of its tax laws. In his view, Japan hasn’t had many successful crypto projects and is behind on accumulating talent.

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