Japan Has 12 Million Crypto Users and a Blueprint for Web3 Gaming
By Jamie Redman
Japan has 12 million crypto users and is developing a blueprint for Web3 gaming, having taken a measured approach during the 2021-2022 hype by prioritizing sustainable development over speculative play-to-earn models. The Financial Services Agency (FSA) plans a 2026 regulatory framework that taxes crypto gains at a flat 20%, offering regulatory clarity to Web3 gaming projects unmatched by competitors. Major gaming companies including Square Enix, Sega, Bandai Namco, and Konami are involved.
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