{"id":3489,"date":"2023-02-07T13:02:13","date_gmt":"2023-02-07T13:02:13","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/02\/07\/japan-leads-the-way-in-nfts-and-daos-with-pms-support\/"},"modified":"2023-02-07T13:02:13","modified_gmt":"2023-02-07T13:02:13","slug":"japan-leads-the-way-in-nfts-and-daos-with-pms-support","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/02\/07\/japan-leads-the-way-in-nfts-and-daos-with-pms-support\/","title":{"rendered":"Japan Leads The Way in NFTs And DAOs With PM&#8217;s Support"},"content":{"rendered":"<p><\/p>\n<div>\n<p>This week, Japan\u2019s Prime Minister Fumio Kishida confirmed his support for the <a href=\"https:\/\/nftevening.com\/nft-non-fungible-token-guide\/\" target=\"_blank\" rel=\"noopener\">NFT<\/a> and <a href=\"https:\/\/nftevening.com\/what-is-a-dao-and-how-does-it-relate-to-nfts\/\" target=\"_blank\" rel=\"noopener\">DAO<\/a> markets development. Surprisingly, the state official put a spotlight on the blockchain sector during a meeting with Japan\u2019s House of Representatives. His important statements come as the Asian Web3 sector is undoubtedly leading the way on a global scale.<\/p>\n<figure id=\"attachment_95918\" aria-describedby=\"caption-attachment-95918\" style=\"width: 960px\" class=\"wp-caption aligncenter\"><picture decoding=\"async\" class=\"wp-image-95918 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft.jpg.webp 960w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft-300x210.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft-768x537.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft-80x56.jpg.webp 80w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft-150x105.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft-450x315.jpg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20960%20671'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 960px) 100vw, 960px\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"wp-image-95918 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft.jpg.webp 960w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft-300x210.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft-768x537.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft-80x56.jpg.webp 80w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft-150x105.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft-450x315.jpg.webp 450w\" sizes=\"(max-width: 960px) 100vw, 960px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft.jpg\" alt=\"image of japan prime minster at a conference\" width=\"960\" height=\"671\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft.jpg 960w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft-300x210.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft-768x537.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft-80x56.jpg 80w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft-150x105.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft-450x315.jpg 450w\" sizes=\"(max-width: 960px) 100vw, 960px\"\/>\n<\/picture>\n<\/noscript><figcaption id=\"caption-attachment-95918\" class=\"wp-caption-text\">Japan\u2019s Prime Minister reveals his support for the NFT and DAO sectors, claiming they will help Japan become \u2018cool\u2019 starting this year. Credit: Japan\u2019s National Government<\/figcaption><\/figure>\n<h2><span id=\"How_Does_Japans_PM_Support_NFTs_and_DAOs\">How Does Japan\u2019s PM Support NFTs and DAOs?<\/span><\/h2>\n<p>On February 1st, the NFT market came to the attention of Japan\u2019s <a href=\"https:\/\/www.shugiin.go.jp\/internet\/index.nsf\/html\/index_e.htm\" target=\"_blank\" rel=\"noopener\">House of Representatives<\/a> thanks to Prime Minister Fumio Kishida. To begin with, he said that blockchain tech might innovate Japan\u2019s private and public sectors. In fact, Prime Minister Kishida even mentioned that the Web3 world might lead to a \u2018Cool Japan!\u2019<\/p>\n<p><em>\u201cIf you consider DAOs, people who are interested in the same social issues can form a new community. NFTs can also be used to diversify the income of creators and maintain highly loyal fans,\u201d<\/em> Kishida said.<\/p>\n<p>Of course, this is just one of the many examples of Japan embracing blockchain technology. Recently, the country updated its NFT taxation guidelines to facilitate the process for NFT traders and creators.<\/p>\n<figure id=\"attachment_95921\" aria-describedby=\"caption-attachment-95921\" style=\"width: 1200px\" class=\"wp-caption alignnone\"><picture decoding=\"async\" class=\"wp-image-95921 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-scaled.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-300x169.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-768x432.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-100x56.jpg.webp 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-150x84.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-450x253.jpg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20675'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20675'%3E%3C\/svg%3E\" alt=\"image of several bitcoins\" width=\"1200\" height=\"675\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-scaled.jpg 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-300x169.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-1024x576.jpg 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-768x432.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-100x56.jpg 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-150x84.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-450x253.jpg 450w\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\" data-lazy-src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-scaled.jpg\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"wp-image-95921 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-scaled.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-300x169.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-768x432.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-100x56.jpg.webp 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-150x84.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-450x253.jpg.webp 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-scaled.jpg\" alt=\"image of several bitcoins\" width=\"1200\" height=\"675\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-scaled.jpg 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-300x169.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-1024x576.jpg 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-768x432.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-100x56.jpg 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-150x84.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/bitcoin-japan-cryptocurrency-450x253.jpg 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<\/noscript><figcaption id=\"caption-attachment-95921\" class=\"wp-caption-text\">This year, Japan\u2019s Central Bank aims to release a trial version of the country\u2019s first official cryptocurrency: the digital yen. Credit: FreePik<\/figcaption><\/figure>\n<h2><span id=\"How_is_Japan_Embracing_the_Web3_World\">How is Japan Embracing the Web3 World?<\/span><\/h2>\n<p>To begin with, Japan might be releasing a digital version of its national currency, the Yen. Back in November 2022, the Central Bank revealed it might begin a pilot program for the new cryptocurrency starting this spring.<\/p>\n<p>Meanwhile, Kishida\u2019s cabinet supported NFT creation and airdrops to regional authorities who use digital tech solutions. As the NFT market is getting back on track after a bear market, Asia is undoubtedly leading the path toward innovation.<\/p>\n<div class=\"bottom-text__subscribe\">\n<div id=\"mlb2-5802138\" class=\"ml-form-embedContainer ml-subscribe-form ml-subscribe-form-5802138\">\n<div class=\"ml-form-align-center\">\n<div class=\"ml-form-embedWrapper embedForm\">\n<div class=\"ml-form-embedBody ml-form-embedBodyHorizontal row-form\">\n<div class=\"ml-form-embedContent\" style=\"\">\n<h4><span id=\"Join_Our_New_To_The_Moon_daily_Newsletter\">Join Our New &#8220;To The Moon&#8221; daily Newsletter<\/span><\/h4>\n<p>Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts &amp; stay on top \ud83d\udc4a\ud83c\udf1a<\/p>\n<\/div>\n<\/div>\n<div class=\"ml-form-successBody row-success\" style=\"display:none\">\n<div class=\"ml-form-successContent\">\n<h4><span id=\"Thank_you\">Thank you!<\/span><\/h4>\n<p>You have successfully joined our subscriber list.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\" data-lazy-src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\"\/><noscript><img loading=\"lazy\" src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\"\/><\/noscript><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/japan-leads-the-way-in-nfts-and-daos-with-pms-support\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week, Japan\u2019s Prime Minister Fumio Kishida confirmed his support for the NFT and DAO markets development. Surprisingly, the state official put a spotlight on the blockchain sector during a meeting with Japan\u2019s House of Representatives. His important statements come as the Asian Web3 sector is undoubtedly leading the way on a global scale. Japan\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3490,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/fumio-kishida-japan-prime-minister-nft.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/3489"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=3489"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/3489\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/3490"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=3489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=3489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=3489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}