Report: Japan's crypto market is tightly regulated, but it helps mid- to long-term development

According to Cointelegraph, game developer Double commissioned So & Sato's research team to produce a comprehensive analysis report on crypto / digital assets in Japan. The report found that strict regulations hindered the development of overseas exchanges in Japan, but in the long run, it may benefit new participants. The report states that "the Japanese crypto market is strictly regulated. At first glance, the regulatory intensity seems excessive, but this may help the market mature in the medium and long term. This will allow more institutional investors to enter the market and increase their presence in the market. Investment in digital assets. "