JCBA
The Japan Cryptoasset Business Association (Japan Cryptoasset Business Association/JCBA) is an industry organization established for the purpose of improving and sound development of a business environment surrounding various digital assets such as crypto assets, NFTs, and stablecoins within Japan, and companies, experts, and stakeholders constituting the Web3 and public blockchain ecosystems gather for the next generation We are working to build a foundation to support the digital economy. While complex and diverse issues such as laws and regulations, tax systems, technical standards, and international trends occur in rapidly evolving blockchain technology and crypto asset markets, the JCBA is characterized by the fact that it consolidates specialized knowledge held by each member company and supports the growth and improvement of transparency of the entire industry through research, policy recommendations, and activities aimed at improving domestic systems. The digital asset business is a basic technology that affects a wide range of fields such as finance, IT, entertainment, content, games, real estate, supply chains, etc., and in order to promote healthy market formation as domestic and foreign players enter, it is necessary for the private sector and the government to advance system development while cooperating. The JCBA has become exactly that bridge, arranges issues in laws, tax systems, governance, and accounting standards related to crypto assets based on exchange of opinions from member companies, makes specific recommendations for improvement, and continues to work for policy implementation while cooperating with the government and related ministries and agencies.