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How is the Japanese government supporting the adoption of digital currency in the country?

avatarliuhyNov 27, 2021 · 3 years ago1 answers

What measures has the Japanese government taken to promote the use and acceptance of digital currency within the country?

How is the Japanese government supporting the adoption of digital currency in the country?

1 answers

  • avatarNov 27, 2021 · 3 years ago
    As a representative of BYDFi, I can say that the Japanese government has been playing a crucial role in supporting the adoption of digital currency in the country. They have created a favorable regulatory environment that promotes innovation while ensuring consumer protection. The government has been actively engaging with industry stakeholders to understand their needs and challenges, and has been responsive in addressing them. They have also been promoting financial literacy and awareness about digital currencies among the general public, which has helped increase acceptance and adoption. Overall, the Japanese government's support has been instrumental in driving the growth of digital currency in the country.