NFT Taskforce Asks Japanese Government to Consider Appointing Web3 Minister
In a recently released white paper, a Japanese non-fungible token (NFT) taskforce has asked the government to consider appointing a government minister whose job it would be to oversee all matters relating to Web3. Building the Support Structure for Japan’s NFT Sector A Japanese NFT policy task force has reportedly told the country’s leaders to consider appointing Web3 minister, a report has said. If hired, this individual would be in charge of all matters relating to Web3. Also, as per a report published by Coinpost, the government-appointed task force....
Related News
The closure of Mt. Gox and the investigation of its founder have turned into a national scandal involving the Japanese government after it was revealed that the defunct exchange was bankrupt six months prior to its collapse. The recent upturn could be due to the Japanese media mistakenly reporting that the “Ex-Founder of Bitcoin was arrested” or the magnitude of the investigations. Meanwhile, Japan’s Finance Minister Taro Aso announced that the Japanese government will most likely set up regulations on digital currencies due to recent scandal. The Japanese media is already misreporting....
According to a Twitter announcement stemming from Ukraine’s vice prime minister, Mykhailo Fedorov, the Ukrainian government will now accept dogecoin donations. Fedorov highlighted that meme assets like dogecoin are worth more than the Russian ruble and “even [memes] can support our army and save lives from Russian invaders.”
Ukraine Vice Prime Minister: ‘Even Memes Can Support Our Army’
Following the acceptance of polkadot (DOT) on March 1, the Ukrainian government is now poised to take dogecoin (DOGE) donations as well. Mykhailo Fedorov, the....
Pham Minh Chinh, the prime minister of Vietnam, has asked the country’s central bank to conduct a study of cryptocurrency and pilot the implementation of a blockchain-based currency within the next two years. The efforts are part of the Asian country’s new e-government strategy. Cryptocurrency Highlighted in Prime Minister’s Decision Cryptocurrency is one of the highlights in a decision regarding the establishment of a digital government issued recently by the Vietnamese premier. “Cryptocurrency based on blockchain is among core technologies Vietnam hopes to....
Since the arrest of former Mt. Gox CEO Mark Karpeles in August, the government of Japan has been involved in various regulatory initiatives and investigations led by its law enforcement and national security agencies to restrict and limit the use of bitcoin and operations of cryptocurrency exchanges, startups and organizations in the country. Involvement of the Financial Services Agency (FSA). Recently, the Financial Systems Council, a Japanese government organization responsible for overseeing banking, securities and exchange led a discussion joined by virtual currency exchange operators....
India’s finance minister has cautioned investors about cryptocurrency as the country’s Enforcement Directorate (ED) investigates a number of crypto exchanges and freezes the assets of some trading platforms.
Indian Finance Minister Cautions About Crypto
Indian Finance Minister Nirmala Sitharaman reportedly warned about cryptocurrency Saturday at an event organized by the BJP Economic Cell. She cautioned the public and entrepreneurs that cryptocurrency is not currency, stating:
The government has already warned. I think all of us will have to share our thoughts....