Japan has established itself as a leader in the cryptocurrency, web3, and blockchain sectors by striking a balance between regulations and innovation. The country's adoption of cryptocurrency is expected to remain the highest in the world, and the number of daily crypto traders is projected to reach 500,000 by 2024. While Japanese investors prefer established coins like Ethereum and Bitcoin, there is interest in alternative blockchain investments such as web3 products, NFTs, and meme coins. The article highlights several Japanese crypto startups, including PassPay, SushiSwap, bitFlyer, Emurgo, and more, showcasing the diverse and thriving crypto ecosystem in Japan. This success is attributed to the government's support and clear regulations for cryptocurrencies, as well as its commitment to fostering the growth of startups in the sector.



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