In a significant development for the crypto industry, the Japanese government has recently announced a noteworthy relaxation of regulations about startup funding. This development explicitly allows startups to accept digital assets as an alternative to traditional stocks.
According to a Japanese media outlet report, this regulatory shift aims to foster a more supportive and inclusive environment for startups by diversifying their financing options and aligning Japan with international standards in handling digital currencies.
Paving The Way For Crypto-Backed Startups?
Under the newly established system, startups will now have the opportunity to receive investments in the form of crypto through a fund called the Investment Business Limited Liability Union (LPS). Per the report, the LPS fund consists of multiple benches dedicated to investing in securities issued by startups.
This recent development follows the approach taken by Japan’s primary financial regulatory authority, the Finan
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