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📰 NEWS: Japan’s Regulatory Hurdles Hinder Crypto Innovation, Experts Say
Japan, once a pioneer in crypto regulation, is now facing criticism from industry leaders who say overly strict compliance rules are slowing down innovation in the blockchain and Web3 sectors.
📉 Experts point out that lengthy token listing approvals, complex taxation, and rigid exchange licensing are pushing startups to relocate to more crypto-friendly jurisdictions like Singapore or Dubai.
> "If Japan doesn’t modernize its regulatory approach, it risks falling behind in the global race for blockchain leadership," said one Tokyo-based fintech advisor.
The government has signaled potential reforms, but industry insiders are urging faster action to retain talent and encourage innovation.
#JapanCrypto
#BlockchainRegulations
#Web3Innovation
#CryptoNews🔒📰🚫
#FintechAsia
$XRP
$BTC
$BNB
Japan, once a pioneer in crypto regulation, is now facing criticism from industry leaders who say overly strict compliance rules are slowing down innovation in the blockchain and Web3 sectors.
📉 Experts point out that lengthy token listing approvals, complex taxation, and rigid exchange licensing are pushing startups to relocate to more crypto-friendly jurisdictions like Singapore or Dubai.
> "If Japan doesn’t modernize its regulatory approach, it risks falling behind in the global race for blockchain leadership," said one Tokyo-based fintech advisor.
The government has signaled potential reforms, but industry insiders are urging faster action to retain talent and encourage innovation.
#JapanCrypto
#BlockchainRegulations
#Web3Innovation
#CryptoNews🔒📰🚫
#FintechAsia
$XRP
$BTC
$BNB
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XRP: The global payment highway 💸
International payments in seconds and for cents
🇯🇵 Japan actively uses it thanks to the Ripple–SBI alliance
Ideal for banks, fintechs, and users who hate delays
🏦 Are your funds traveling by jet or by mule?
#XRP #FintechAsia #BorderlessPayments
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