CandleFocus

Japan ‘far behind’ US in cyber attack preparedness — But that’s actually a good thing for crypto

Author: Content Editor
Japan's government is pushing for an "active cyber defense" policy and major media outlets are supporting it, but this is concerning for crypto and privacy advocates. The policy involves state-level spying on Japanese citizens and sharing information with the US. There are suspicions that the digital transformation minister has connections with anti-Japan interests in China. The Nikkei news outlet has published a report promoting cyber-attack preparedness and suggests increasing misinformation control and state-level "debunking" in collaboration with the US and UK. However, mimicking surveillance tactics of these countries is detrimental to cryptocurrency adoption and privacy in Japan. The government's approach to finance, cryptocurrency, and information control continues to worsen. The "active cyber defense" bill aims to spy on public communications and may even include shutting down people's computers. CBDC implementation is also promoted by Nikkei interests. The true victims are ordinary people trying to get by, but the government portrays itself as the victim. The situation raises concerns about privacy and individual freedom.

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