Japan Appoints Blockchain-Supportive New Minister of Science and Tech

October 7, 2018

 

Takuya Hirai – has been appointed by Japan’s prime minister as the new Minister of Science and IT/Technology during a period when the country is turning its focus even more towards blockchain spreading around various sectors. The crypto-verse is welcoming the decision as the new minister had quite a saying in the past when it comes to conclusions related to the legislation of cryptocurrencies while being a promoter of new tech, in this case blockchain.

A government supported studying team was requested by the FSA – Financial Services Agency [the financial regulator of Japan] to offer furth rules and proposals for Initial Coin Offerings’ adoption. The group’s General Advisor was Takuya Hirai.

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