Japan proving once again why they'll become the real cryptocurrency mecca in the future. Good for the govt to give the crypto industry in the country have more autonomy so that it continues to grow without too much hassle.
Do you think we'll see this happening in other countries anytime soon?
It depends on whether this proves to be a succesful aproach from the govt or not (from an economic point of view, since all the govt around want is money). I can see this happening in countries actively showing their pro-crypto stance, like some countries in Europe or even South Korea.
That is always the thing with having visionary leaders. They are always smart enough to see things people could not see and in that way, they are always able to take the bold brilliant step in setting the space. This is indeed a very brilliant idea, which I believe will really end up flying big time and even help in the development of the space within that territory.
It is always a good thing to have a body that will regulate itself and then we will be able to see it get even more interesting as people tend to follow certain rules and then no compromise in a way at all.