Post
Topic
Board Economics
Re: Does Japan fall behind in the crypto industry ?
by
silbertlee
on 03/12/2022, 02:11:01 UTC
As one of the world's leading economies with countless cutting edge technologies, Japan has maintained its high-profile status for many decades. Even in this World Cup, Japan has defeated Germany and Spain, striving to the next level of competition. It seems that Japan does not need to prove to be a great nation to the world. However, in the crypto industry, we barely heard anything great from Japan, no leading blockchain ecosystem or any cryptocurrency exchange alike. Why ? Please correct me if I am wrong.

  - As far as I know, the country of Japan is also a believer in cryptocurrency and is also open to it. Knowing if this country is also among the developed countries because of the technology they have.

I can't say that Japan is left behind when it comes to cryptocurrency. Because recently Binance has been reacquired in this country of regulations as far as I know dude read this
Japan is embracing and open to the crypto world. I agree with you. The Japanese government has legalized digital currency transactions. According to my Japanese classmates, both the elderly and children in Japan have shown enthusiasm for Bitcoin, so Japan is not far behind in this regard. It’s just that Japan is now more and more regulated on the encryption world.