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Home BlockchainJapan's Crypto Industry Faces Critical Test Ahead of Snap Election
Blockchain

Japan's Crypto Industry Faces Critical Test Ahead of Snap Election

by Decrypt
written by Decrypt 0 comments
Japan's Crypto Industry Faces Critical Test Ahead of Snap Election

In brief

  • Prime Minister Sanae Takaichi has cast Sunday’s snap election as a referendum on her leadership.
  • Crypto markets are watching for signals on the speed of tax, stablecoin and legal reforms.
  • The vote comes amid inflation pressures, weak wage growth and rising bond yields.

As Japan heads to the polls on Sunday, Prime Minister Sanae Takaichi is staking her political future on translating approval ratings of 60-80% into a parliamentary majority that could accelerate crypto reforms.

Takaichi has…

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