Ten Japanese companies have come together to create a metaverse economic zone five months after Prime Minister Fumio Kishida បាននិយាយថា: Japan would expand investments in Metaverse and non-fungible tokens (NFTs).
Japanese giants like Mitsubishi and Fujitsu are amongst the ones who signed an agreement on Feb. 27 to build an open metaverse infrastructure, នេះបើយោងតាម to Forkast News.
The new infrastructure will be named “Ryugukoku” and will support various services, including payments, identity authentication, and insurance.
ផែនការពីមុន
Kishida made Web3 development a pillar of Japan’s economic revitalization when he claimed the role of Prime Minister in 2021. Since then, Japan has made efforts to increase adoption and safety in Web3.
On October 2022, the country រឹតបន្តឹង know-your-customer (KYC) rules for crypto exchanges and expanded money laundering penalties for all financial institutions.
Japan also លើក the ban on foreign-issued stablecoins on December 2022 and បានចាប់ផ្តើម a central bank digital currency (CBDC) pilot program in 2023.
Japan’s most vital lobbying groups have been ការដាក់សម្ពាធ lawmakers to lower tax rates for crypto companies since early 2022. Lobbying groups argue that the current rates prevent crypto start-ups from emerging in the region, which considerably halts Web3 adoption.
Source: https://cryptoslate.com/japan-follows-up-on-metaverse-investment-plans/