Japanese Prime Minister Fumio Kishida: Web3 and blockchain technology are the foundation for solving social issues

ChainCatcher News: Japan's largest cryptocurrency-themed event, the WebX conference, has opened in Tokyo, Japan. Prime Minister Fumio Kishida delivered a speech at the conference via video. Kishida stated, "Web3 and blockchain technology are the foundation for solving social issues." He mentioned that the government has begun to implement specific measures, including tax reforms and legal amendments, to help Web3 startups raise funds more smoothly.

In addition, Kishida also stated that in the "2024 Basic Policy," efforts will be made to improve the token usage environment related to Web3, facilitate payments, and revitalize the content industry, while considering user protection.