Japan’s cabinet approves new proposal to allow VC firms to directly invest in cryptocurrencies and Web3

2024-02-19 16:28:48BlockBeatsShare to:

VC+0.87% ($0.05439)

BlockBeats news, February 19, according to Coinpost, Japan’s Ministry of Economy, Trade and Industry announced on February 16 that the Japanese cabinet has approved a proposal to add cryptocurrencies to the list of assets that local investment limited partnerships can acquire or hold. If the revision of this law is implemented, Japanese venture capital (VC) will be able to invest in projects that only issue virtual currencies, and the threshold for Japanese Web3 companies to raise funds and conduct business will be lowered. Previously, Japanese venture capital firms were unable to directly invest in crypto assets. The Japanese government will submit a draft amendment to the LPS Law to the National Assembly as early as 2024.

VinuChainIntro

VinuChain (VC) is a ...All

VinuChainMarkets

Price	$0.05439 USD	Price Change (24h)	+0.87%	Trading Volume (24h)	$225,223.57 USD
Market Cap	$1,444,150.7 USD	Circulating Supply	69,547,349	Max Supply:	--

Disclaimer: The information provided in this section doesn't represent any investment tips or Bi123.co's official position.

A valuable blockchain information and data platform

Related News

Similar News

Top TopicMore: 1what happens to bitcoin if the electricity and internet goes out.?; 2Question regarding @JsonIngore in context of an Blockchain Example; 3Bollinger Bands and RSI overbought and oversold price detection; 4Ethereum Merge; 5Pay Utility Bills With Bitcoin In Nigeria

Top CoinsMore: PepePepe (PEPE) is a cryptocurrency and operates on the Ethereum platform. Pepe has a current supply of; zkLinkzkLink (ZKL) is a cryptocurrency and operates on the Ethereum platform. zkLink has a current supply
#DWF Labs Portfolio; MIBR Fan TokenMIBR Fan Token (MIBR) is a cryptocurrency and operates on the Chiliz platform. MIBR Fan Token has a
#Fan Token; Raini Studios TokenRaini Studios Token (RST) is a cryptocurrency launched in 2021and operates on the Ethereum platform.
#Collectibles & NFTs#Gaming#Avalanche Ecosystem#Play To Earn; LandwolfLandwolf (WOLF) is a cryptocurrency launched in 2023and operates on the Ethereum platform. Landwolf

Contact Us：service@bi123.co

Community