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<p><em><strong>According to a local expert, if the proposed changes to the current law are approved, it could present a significant opportunity for Web3 startups in Japan.</strong></em></p><h2 id="header-0">Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /></p><blockquote>On February 16, the Japanese cabinet gave its approval to a proposal allowing cryptocurrencies to be included in the list of assets that local investment limited partnerships can obtain or possess. This decision was <strong><a href="https://www.meti.go.jp/press/2023/02/20240216001/20240216001.html" rel="noopener noreferrer nofollow">announced</a> </strong>by the Ministry of Economy, Trade, and Industry.</blockquote><h3 id="japan-s-new-a-href-https-cryptosheadlines-com-canada-proposes-crypto-rules-for-public-investment-funds-rel-noopener-noreferrer-nofollow-investment-rules-a">Japan’s New <a href="https://cryptosheadlines.com/canada-proposes-crypto-rules-for-public-investment-funds/" rel="noopener noreferrer nofollow">Investment Rules</a></h3><p>Japan’s Ministry of Economy, Trade, and Industry announced changes to the Act on Strengthening Industrial Competitiveness, aiming to support local startups and medium-sized businesses. This update allows venture capital firms to invest in projects that <a href="https://cryptosheadlines.com/former-ceo-issues-urgent-warning-stop-trading-on-this-cryptocurrency-exchange/" rel="noopener noreferrer nofollow">issue cryptocurrencies</a> exclusively, reported Coinpost.</p><p>After cabinet approval, the bill goes to the legislative body for further discussion, the ministry stated. In Japan, limited partnerships often invest in unlisted companies, a common method for venture capitalists to support startups, as explained by <strong><a href="https://coinpost.jp/?p&#61;511133" rel="noopener noreferrer nofollow">Coinpost</a></strong>.</p><h3 id="japanese-vcs-entering-crypto">Japanese VCs Entering Crypto</h3><p>Hiro Kunimitsu, CEO of Gumi Inc., a Japanese gaming company, highlighted changes in Japanese rules allowing venture capitalists (VCs) to invest in crypto assets. Previously, VCs couldn’t <a href="https://cryptosheadlines.com/revolut-a-digital-bank-expands-its-services-to-brazil-by-offering-crypto-investments/" rel="noopener noreferrer nofollow">invest in crypto</a>, making it hard for Japanese crypto projects to get funding. Now, with Japanese VCs able to invest, it’s a big opportunity for local Web3 startups. This aligns with Prime Minister Kishida’s plan to boost Japan’s Web3 industry.</p><p>To support this, in December, Japan’s cabinet <a href="https://cryptosheadlines.com/european-parliament-approves-crypto-tax-reporting-rule/" rel="noopener noreferrer nofollow">approved changes to tax rules</a>. This could mean companies won’t <a href="https://cryptosheadlines.com/kenyan-residents-now-required-to-pay-taxes-on-crypto-services/" rel="noopener noreferrer nofollow">pay taxes on unrealized profits from crypto</a> investments, encouraging more innovation and investment in the sector.</p><p><a href="https://cryptosheadlines.com/best-cryptocurrencies-to-invest-in-right-now/" rel="noopener noreferrer nofollow">Also Read:   Best Cryptocurrencies to Invest in Right Now</a></p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p><h2 id="header-1">Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2>

Japan Explores VC Investment in Crypto and Web3 Startups

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