Japan’s Slow Crypto Approval Process Holds Back Innovation, Says WeFi CEO
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Maksym Sakharov, CEO of decentralized bank WeFi, says Japan’s slow and cautious regulatory process is the main reason Web3 startups and crypto funds are moving overseas—not the high taxes. Japan requires a two-step approval from the Japan Virtual and Crypto Assets Exchange Association and the Financial Services Agency, which can take 6 to 12 months or longer. This long wait time puts pressure on projects and forces many to launch abroad. Sakharov urges quicker, flexible approvals and supportive sandbox environments to help domestic crypto innovation grow.
Can XRP Price Hit Four Digits in 2025?
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XRP, Sui, and Pudgy Penguins Set to Hit New All-Time Highs Next Week: Top Altcoins to Watch
The post XRP, Sui, and Pudgy Penguins Set to Hit New All-Time Highs Next Week: Top Altcoins to Watch...
Finding The Next Pepe Coin – What Cryptos Might Have The 10,000x Factor?
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