Tagged: shinzō abe

Japan’s Ruling Liberal Democratic Party Is Reportedly Planning to Make it Easier for Traditional Banks to Expand into Fintech and Other Sectors

The Japanese Liberal Democratic Party, the nation’s ruling-party, is reportedly planning to make it easier for local banking institutions to branch out into different sectors, which could help them compete with or even push back against emerging Fintech firms and other tech startups. The party’s… Read More

Japanese Lawmakers from Ruling Liberal Democratic Party are Preparing a Proposal Recommending Issuing Digital Currency

A group of around 70 Japanese lawmakers from the nation’s ruling Liberal Democratic Party is reportedly preparing a proposal that recommends issuing a virtual currency. Norihiro Nakayama, a member of the party and parliamentary vice-minister for foreign affairs, stated (on January 24): “China is moving… Read More

Japan Puts Crowdfunding in Abenomics Bill

Hoping to move forward with the legalization of crowdfunding, Japan’s Prime Minister Shinzō Abe and his cabinet approved a de-regulation of equity campaigning to the Financial Instruments and Exchange Law, which will help companies, especially startups, with raising crowdfunding equity. “Abenomics” encourages small and medium enterprises… Read More

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