Japan’s 6-12 Month Crypto Approval Delays Drive Projects Offshore
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最新报道：Japan's prolonged 6-12 month approval process for new cryptocurrency projects is pushing blockchain startups to relocate operations overseas, according to industry executives. The Financial Services Agency's stringent screening procedures, including anti-money laundering and investor protection reviews, create significant delays compared to Singapore's 3-month timeline. While Japan aims to balance innovation with consumer safeguards, local Web3 firms report losing competitive edge as projects opt for faster jurisdictions like Singapore and Dubai. The government has acknowledged the issue, with Prime Minister Kishida's administration considering regulatory reforms to maintain Japan's position as a crypto hub.
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