Japanese flag and cryptocurrencies

Japan Approves Venture Capital Investment in Cryptocurrency Projects

Japan’s Ministry of Economy, Trade and Industry has approved a proposal allowing investment business limited liability partnerships (LPS) to include cryptocurrency assets in their acquired and held assets. This significant shift enables Japanese venture capital (VC) firms to invest directly in projects issuing only cryptocurrencies, reducing barriers for Web3 startups. The amendment, expected to be submitted to parliament, signals a progressive approach to fostering innovation and investment in the cryptocurrency space.

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Mecari banner and Bitcoin logo

Mercari to Accept Bitcoin Payments Through Crypto Unit Melcoin

Japan’s largest online marketplace for second-hand goods will start accepting bitcoin as a payment option from June, tapping into the growing demand for cryptocurrencies in the country.

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