Japan pushes for friendlier environment for crypto with Web3 proposals By Cointelegraph

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The Web3 project team of Japan’s ruling Liberal Democratic Party has released a white paper containing suggestions for expanding the country’s industry, which has been incorporated into the national strategy by Prime Minister Fumio Kishida’s administration.

The Web3 project team aims to bypass the usual bureaucratic processes to formulate regulatory proposals for everything from nonfungible tokens to decentralized autonomous organizations (DAOs).