Japanese Government Prioritizes Web3 Startup Support in National Policy

At the Web3 conference "WebX," Kazuka Itagaki, Vice Minister of the Ministry of Economy, Trade and Industry of Japan, announced that the Kishida government has made policy support for entrepreneurship, particularly in the Web3 sector, a top priority. This strategic move underscores Japan's commitment to fostering innovation and growth within the rapidly evolving digital economy.Kazuka Itagaki emphasized the indispensable role of the Japanese government in the Web3 ecosystem, highlighting the shared goal of advancing this transformative technology. By positioning Web3 startup support at the forefront of national policy, the government aims to create a conducive environment for emerging technologies and startups, driving Japan's leadership in the global digital landscape.The Kishida administration's focus on Web3 reflects a broader effort to stimulate economic growth through innovation, making Japan an attractive destination for entrepreneurs and investors in the blockchain and decentralized technology space. As the global Web3 industry continues to expand, Japan's proactive approach could play a crucial role in shaping the future of digital innovation.