Japanese Firms Hit by Shortage of Blockchain ExpertsIn the race to adopt Blockchain technology and cut costs, financial firms have to deal with multiple challenges. Japanese financial firms have been hit by the most basic of them of all – a shortage of technical experts.
Japan – regulation a positive
The Japanese government has been active in regulating cryptocurrency-based companies. A new law has been passed regulating Bitcoin exchanges, after the Mt Gox debacle. The Japanese Government passed a bill in May 2016, which recognized that virtual currencies have a function similar to money. Japan has also eased regulations, now allowing banks to invest in fintech firms, which is expected to help emerging fintech firms raise capital.....
https://cointelegraph.com/news/japanese-firms-hit-by-shortage-of-blockchain-experts
