{"id":68095,"date":"2022-10-04T18:04:41","date_gmt":"2022-10-04T15:04:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=68095"},"modified":"2025-09-07T12:12:13","modified_gmt":"2025-09-07T09:12:13","slug":"japanese-prime-minister-announces-government-investment-in-metaverses-and-nfts","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/japanese-prime-minister-announces-government-investment-in-metaverses-and-nfts\/","title":{"rendered":"Japanese Prime Minister announces government investment in metaverses and NFTs"},"content":{"rendered":"<p>The Japanese government will allocate funding to promote Web3 services, including those related to metaverses and NFTs. This follows Prime Minister Fumio Kishida&#8217;s address to the National Diet.<\/p>\n<p><iframe loading=\\\"lazy\\\" width=\\\"1358\\\" height=\\\"649\\\" src=\\\"https:\/\/www.youtube.com\/embed\/QK8h-iPU-V0\\\" title=\\\"\u3010\u30ce\u30fc\u30ab\u30c3\u30c8\u3011\u5cb8\u7530\u9996\u76f8\u3001\u6240\u4fe1\u8868\u660e\u6f14\u8aac\u3000\u81e8\u6642\u56fd\u4f1a\u30b9\u30bf\u30fc\u30c8\u3000\u7269\u4fa1\u9ad8\u30fb\u5186\u5b89\u5bfe\u7b56\u3084\u201c\u7d71\u4e00\u6559\u4f1a\u201d\u554f\u984c\u306a\u3069\u8ab2\u984c\u5c71\u7a4d\\\" frameborder=\\\"0\\\" allow=\\\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\\\" allowfullscreen><\/iframe><\/p>\n<p>The official said that, as part of the digital transformation, the government will issue NFTs for local authorities that apply new technologies to address problems in their areas.<\/p>\n<p>In cooperation with the United States, development and production of semiconductors are planned, along with work on reforming regulatory acts related to the tech sector.<\/p>\n<p>Kishida also floated the digitisation of national identity cards.<\/p>\n<p>In August, ForkLog<a href=\"https:\/\/u1f987.com\/en\/news\/japan-to-consider-tax-relief-for-crypto-startups\"> reported<\/a> that authorities were considering lowering the capital gains tax on retail investors from 55% to 20%.<\/p>\n<p>In June, Japan&#8217;s Diet passed a bill that<a href=\"https:\/\/u1f987.com\/en\/news\/japan-passes-law-recognising-stablecoins-as-digital-money\"> designated stablecoins as digital currencies<\/a>.<\/p>\n<p>Previously, the <span data-descr=\"Financial Services Agency of Japan\" class=\\\"old_tooltip\\\">FSA<\/span> <a href=\"https:\/\/u1f987.com\/en\/news\/japan-proposes-limits-on-stablecoin-issuance\">promised<\/a> to draft rules for stablecoin issuers.<\/p>\n<p>Earlier, the authorities in Japan<a href=\"https:\/\/u1f987.com\/en\/news\/japan-issues-nfts-to-reward-local-officials\"> issued NFTs<\/a> to reward officials.<\/p>\n<p> Read ForkLog&#8217;s Bitcoin news in our <a href=\\\"\/\/telegram.me\/forklog\u201d\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Japanese government will allocate funding to promote Web3 services, including those related to metaverses and NFTs. This follows Prime Minister Fumio Kishida&#8217;s address to the National Diet.<\/p>\n","protected":false},"author":1,"featured_media":68096,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[135,1353,1213,1361],"class_list":["post-68095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-japan","tag-metaverses","tag-nft","tag-virtual-world-innovations"],"aioseo_notices":[],"amp_enabled":true,"views":"6","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=68095"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68095\/revisions"}],"predecessor-version":[{"id":68097,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/68095\/revisions\/68097"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/68096"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=68095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=68095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=68095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}