Top Japanese Law Firm Joins IOST As Partner Node | Breaking Down Regulatory Barriers In Japan!
Japan has relatively crypto-friendly regulatory policies compared to its Eastern Asian peers. With legislation, Japan has officially recognizes Bitcoin as a legal payment method. As a country with advanced blockchain development, Japan was among the first to establish a regulatory mechanism for blockchain and bitcoin, which has now become a prominent reference benchmark for many nations.
IOST: Building A Solid Foundation In The Japanese Market
IOST had, in the early stages of development, recognized the importance of the Japanese market for our global ecosystem. As such, we had established an office in Tokyo and recruited outstanding local members to focus on growing IOST presence and penetrating the Japanese blockchain market.
In addition, IOST has attracted numerous local Japanese blockchain media, development teams, investment institutions and other groups to integrate with IOST ecosystem through our Partners Program.
Partnerships and upcoming collaborations have been achieved between IOST and a series of leading local companies, including:
- Code Chrysalis (a technical training school),
- Gumi (Japan’s well-known game manufacturer),
- GLM (AKA “Japan Tesla”),
- Fujitsu (Japanese multinational information technology equipment and services company),
- Crypto Times (Japanese well-known media),
- EverSystem (Japan’s well-known game company),
- digglue (Japan’s well-known blockchain online education company)
and many more.
Zelo: Supporting IOST’s Compliance in Japanese Market
Partnering with various local companies is only the first step to open the Japanese market. With a long history of blockchain and bitcoin legalization and regulation, Japan has the most complete regulatory mechanism globally. A professional legal team is considered indispensable when a blockchain project enters and develops in Japan.
IOST is proud to announce that Zelo, a leading Japanese law firm, has officially joined the IOST ecosystem as a Partner Node and will empower IOST’s development in the Japanese market by providing legal advice, technology and business support.
IOST is now the first project in the entire blockchain industry to receive direct support from a prestigious law firm.
Powered by its rich blockchain resources, network and professional legal practices, Zelo will play an instrumental role in helping IOST accelerate our compliance process in the Japanese market and facilitate negotiation and cooperation with the Japanese Blockchain Association (JBA) as well as major Japanese exchanges.
IOST x Zelo x JBA: A Partnership To Lead The Japanese Blockchain Industry
Founded by Nozomu Tsuno, a former lawyer of one of the top Japanese law firm-Mori Hamada & Mastumoto, Zelo is a leading Japanese law firm that provides innovative legal services to businesses.
Masataka Ogasawara, Zelo’s chief lawyer, is currently the legal advisor to the Japanese Blockchain Association (JBA). JBA plays an irreplaceable role in the Japanese blockchain industry, giving authorization to multiple major Japanese exchanges such as BitFlyer and Coincheck, and maintaining close cooperation with well-known Japanese technology companies such as Microsoft and Deloitte.
As the legal counsel of Japan Blockchain Association, Masataka Ogasawara provides top-tier professional legal services to the Association.
As a partner of Zelo, IOST will also contribute to the compliance in Japan, while leveraging on IOST’s influence in Japanese blockchain industry to drive the development of other projects and promote the development of the blockchain industry in Japan along with JBA and Zelo.
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