In a noteworthy policy shift, the Japanese government has significantly relaxed its rules concerning startup funding, allowing companies to officially raise capital through cryptocurrency. This move comes on the heels of Binance's announcement about launching a subsidiary exchange in the country.

Nomura Unveils Bitcoin Fund for Institutional Investors

Meanwhile, Japan's largest investment bank, Nomura, which manages assets worth $400 billion, has rolled out a Bitcoin fund targeted at institutional investors. This development aligns with the Japanese government's softened stance on startup financing, which now includes the use of cryptocurrency.