Japanese Prime Minister Announces Web 3.0 Plans For The Country

Zoop
Zoop
Published in
2 min readOct 10, 2022

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Coming in hot this week, the Binance Smart Chain hack is taking over the news, and it has been reported that over half a million dollars worth of BNB was carted away by the attacker. Binance is halting the Binance Smart Chain temporarily. Meanwhile, Japan is in the headline for its plan for the metaverse.

Japan Plans to Expand Into the Metaverse

This week Japanese PM Kishida announced the country’s plan to invest in the NFT industry as well as the metaverse. The country has a larger plan for digital transformation, which the government has been steadily promoting.

By introducing tax incentives for firms towing the digital line, the prime minister hopes to continue providing support for the expansion of the metaverse and Non-Fungible Tokens, as well as the social implementation of digital technology.

We know you were keen to hear more news, but this is all for this week! However, at this rhythm, next week will be even better. Stay tuned!

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Zoop
Zoop
Editor for

Change the way fans connect to celebrities, through the collection of digital collectables and without deep knowledge of blockchain technology.