Japan's Minister of Economy, Trade and Industry: Tax reforms will be implemented to support Web3 startups

On August 28, Japan's largest cryptocurrency-themed event, WebX Conference, opened in Tokyo, Japan. Japanese Minister of Economy, Trade and Industry Takeru Saito attended the meeting and delivered a speech. At the meeting, Takeru Saito emphasized the importance of Web3 technology and mentioned that he would help the industry create more use cases by implementing tax reforms to support the development of start-ups. Takeru Saito also mentioned the huge potential of Japan's Web3 and blockchain industries and said he hopes to create an environment that attracts companies and developers from all over the world.