In a significant development for the crypto industry, the Japanese government has recently announced a noteworthy relaxation of regulations about startup funding. This development explicitly allows startups to accept digital assets as an alternative to traditional stocks.

According to a Japanese media outlet report, this regulatory shift aims to foster a more supportive and inclusive environment for startups by diversifying their financing options and aligning Japan with international standards in handling digital currencies.

Paving The Way For Crypto-Backed Startups?

Under the newly established system, startups will now have the opportunity to receive investments in the form of crypto through a fund called the Investment Business Limited Liability Union (LPS). Per the report, the LPS …