Political Scandal Shakes Japan’s Web3 Plans Under Kishida’s Leadership

Prime Minister Fumio Kishida and Japan’s ruling Liberal Democratic Party are championing Web3 development amidst a significant corruption scandal that poses challenges to their political stability. 

As leadership elections loom in September and party support declines, the fate of Japan’s Web3 policies and ongoing projects is uncertain. Despite global crypto sector challenges, Kishida’s administration has pushed forward with regulations and economic strategies emphasizing new forms of capitalism and technological innovation.

Clever Robot News Desk 30th April 2024

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