1
The government of Japan is ready to streamline crypto purchases as its amendment bill will allow institutions to hold assets.
2
The proposed bill is still to be approved by the Japanese parliament before it becomes law.
3
Chainalysis conducted a study on global crypto adoption in 2023 according to which India topped the list of adopters.
Most recently, the Japanese cabinet approved a bill to add cryptocurrencies to the list of assets in the nation. This will also allow investment funds and venture capital to purchase and hold cryptos directly.
The Ministry of Economy, Trade and Industry revealed the recent February 16, 2024 amendments. Japan is one of the few nations that have prepared a well-structured framework for stablecoins.
As per the bill, “measures will be taken to add crypto assets to the list of assets that can be acquired and held by investment limited partnerships.” If the proposed bill gains approval from the Japa
We współpracy z: https://www.thecoinrepublic.com/2024/02/19/japan-gov-seeks-to-allow-vcs-to-invest-directly-in-crypto-web3/
