Cryptocurrency lobbying teams in Japan plan to ask the federal government to ease company tax guidelines which might be seen to be stunting development of the native digital asset trade.

Two of the highest our bodies — the Japan Cryptoasset Enterprise Affiliation (JCBA) and the Japan Digital and Crypto property Trade Affiliation (JVCEA) — are making ready to submit a proposal to the Monetary Companies Company (FSA) asking it to decrease the associated fee for corporations to situation and maintain cryptocurrency tokens, based on an inside memo.