As lawmakers and regulators from the U.S. to Europe to Asia express increased wariness of crypto, Web3 promotion remains part of Japan’s national strategy. An early mover in the field, Japan learned hard lessons from the 2014 Mt Gox collapse and the record 2018 Coincheck hack and its approach to regulation has mitigated the impact of FTX’s collapse on Japanese users. Now representatives of Japan’s crypto community offer those lessons to the Consensus community.
