Japan’s Ministry of Economy, Trade and Industry (METI) launches its own Web3 Policy Office in the Minister’s Secretariat, serving as a crucial milestone for the keyword. The new organization pledges to bring together the divisions in charge of corporate systems, taxation, industrial finance, media and content, sports, fashion, and other entertainment-related enterprises. According to the statement made on July 15, the new office’s mandate is to improve the framework for analyzing business environment concerns related to Web3: “Given that some entrepreneurs pursuing Web3-related business are leaving Japan for opportunities overseas, deliberations toward developing the business environment in Japan need to be accelerated.” The statement indicates that making policies will be a part of creating the Web3 business environment. As a result, the “Web3 Policy Office” might develop into more than merely a consulting organization. University of Tokyo Introducing Academic Programs in Metaverse The University of Tokyo, often known as Todai, revealed its initial lineup of academic programs that would be held in the Metaverse in July. Students from high school through working adults will be able to enroll in the courses. Other noteworthy Metaverse usages in Japan in recent months include opening a virtual support room for Hikkikomori on the SecondLife Metaverse platform, as well as the inauguration of 29 trade schools affiliated with the NS...
