BlockBeats reports that the Japanese Cabinet has taken a significant step by approving a proposal on February 16th that would allow local investment limited partnerships to acquire or hold cryptocurrencies. This change in the law, if realized, will open new opportunities for Japanese venture capital (VC) firms to invest in projects that exclusively deal in virtual currencies, thus making it easier for Web3 companies in Japan to raise funds and operate. Previously, Japanese VC firms were prohibited from directly investing in crypto assets. It is anticipated that the Japanese government will present a draft amendment to the LPS law to the National Diet as early as 2024. This development signifies a pivotal shift in the landscape of investment and business in Japan, as it embraces the digital economy and blockchain technology.摘要：AccordingtoBlockBeats,theJapaneseCabinethasapprovedaproposalonFebruary16thtoaddcryptocurrenciestothelistofassetsthatlocalinvestmentlimitedpartnershipscanacquireorhold...
Japan Considers Allowing Venture Capital Firms to
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