Japan Will Remove The Limit On Financing Blockchain Startups
In the japanese financial services agency (fsa), declared plans to remove investment restrictions on startups that operate in blockchain technology. This writes bitroad.Ru.
Removing the prohibition will develop to companies that work with cryptotechnology. Indition, due to the ban on the scope of digital technologies in japan, it was in the stagnation stagen and did not attract interest. Thus, the authorities want to attract more investments to the country and catch up with other states in the field of innovative technologies.
Japanese financiers have already expressed their readiness to invest in blockchain-technology projects.
Earlier, the government approved the draft law regulating the activities of cryptocurrency exchanges, as well as equating bitcoin to traditional currencies.