It is a good news for crypto enthusiast that Japan, one of the most advanced and developed country in the world is moving towards the innovation of cryptocurrency. These new technologies are going to revolutionize the way consumers and businesses buy, sell, and distribute goods and services.
Yes, they mainly support cryptocurrencies and especially the blockchain tech. However, they are willing to give up one's privacy for the sake of safety. That's why they're banning anonymous cryptocurrencies, since suspicious activity is going to be untraceable this way. Thus Japan is being kind of a double agent here. The Japaneze are big investors in cryptos and this makes such decisions dangerous for the market in general. I think they need to develop a more transparent policy.
