Why can't you miss the TEAMZ Summit 2025 conference, which will be held in Tokyo from April 16 to 17, 2025? (Background information: (TEAMZ Web3・AI Summit 2025) announced to be held! Global leaders gather in Tokyo) (Supplementary background: More than 5,200 Web3 participants gathered, (TEAMZ Summit) successfully concluded on April 14 in Tokyo, Japan) This article is a press release provided by TEAMZ and does not represent the position of the blockchain community. Tokyo is definitely one of the favorite cities for professionals in the Web3 industry, as this city can satisfy your various desires in 360 degrees. When we go to a city on a business trip, if this city can also provide you with enjoyable time outside of work, doesn't that sound great? Tokyo is definitely such a city. One of the main reasons TEAMZ Summit is held in April every year is that April is the best month for weather in Japan throughout the year. Not only is the climate pleasant, but visually you can also enjoy the very romantic cherry blossoms and experience the pink Tokyo in April. Whether you come to stir things up with colleagues or bring family and friends to participate in the conference and travel, it’s a good plan. From a business perspective, April is actually the first month after personnel changes in the Japanese government and local companies, so in many ways, April is the true Q1 (first quarter) for business activities in Japan. Government decisions, annual development plans of companies, etc., are all launched after April. TEAMZ Summit 2025 will also share and analyze the latest information on Japan's Web3 industry for attendees, including national Web3 strategic planning, regulatory policies from the Financial Services Agency, government tax and subsidy policies, and the latest trends in large companies and communities regarding Web3. Additionally, it is worth mentioning that the World Expo 2025 (EXPO 2025) will open in Japan on April 13, 2025. This expo is themed 'Designing Future Society for Our Lives,' aiming to explore the future of global sustainable development through innovation and collaboration. Everyone can experience Expo 2025 before and after the TEAMZ Summit; isn't it an excellent opportunity? If these reasons still don't motivate you to attend the TEAMZ Summit 2025 in Tokyo, let's delve into the current state of the Japanese Web3 market and the highlights of the TEAMZ Summit 2025. Current state of Japan's Web3 market At the national level, Web3 is regarded as an important part of national strategy, positioned as a key work to promote economic development. At the same time, to achieve the healthy development of the cryptocurrency industry, the Japanese Financial Services Agency and the Digital Agency actively promote regulations and tax reforms related to cryptocurrencies. Digital cryptocurrency tax policy reform 1. Unrealized profits tax exemption: Starting April 2024, Japan will no longer tax unrealized profits on cryptocurrencies held by companies. Previously, companies had to pay taxes on unrealized gains valued at market price at the end of the fiscal year. The new policy stipulates that companies only need to pay taxes on profits made from actual sales of cryptocurrencies. 2. Tax rate adjustment: Currently, profits from cryptocurrency trading are classified as 'miscellaneous income' and subject to a progressive tax rate of up to 55%. There are suggestions to unify the tax rate on crypto assets to 20% to enhance industry competitiveness. Digital cryptocurrency compliance policy 1. Registration requirements: According to the (Fund Settlement Act), companies engaged in cryptocurrency exchange services must register with the Japanese Financial Services Agency as cryptocurrency exchange service providers. Services include buying and selling crypto assets, or exchanging between different types of crypto assets, etc. 2. Self-regulatory organizations: Japan has established self-regulatory organizations such as the Japan Virtual Currency Exchange Association (JVCEA) and the Japan Security Token Offering Association (JSTOA). Among them, JVCEA is recognized by the Japanese Financial Services Agency and is responsible for formulating and managing operational rules and internal control systems for dealers or exchanges to ensure compliance of cryptocurrency exchanges. 3. Anti-money laundering measures: Cryptocurrency exchange service providers must comply with the (Act on Prevention of Transfer of Criminal Proceeds) and take measures such as due diligence to prevent money laundering and terrorist financing risks. 4. Web3 VC license: The Japanese government approved a proposal on February 16, 2024, to allow venture capital (VC) companies to invest directly in cryptocurrencies and Web3 projects. The proposal includes cryptocurrencies in the list of assets that local investment limited partnerships (LPS) can acquire or hold. If this legal amendment is realized, Japanese VCs will be able to invest in projects that only issue virtual currencies, lowering the thresholds for Japanese Web3 companies to raise funds and conduct business. Through the above reforms and improvements in tax and compliance policies, Japan is striving to create a more favorable development environment for the cryptocurrency industry to promote innovation and growth in the Web3 field. Large enterprise institutional level At the existing business foundation, many large companies are beginning to introduce blockchain technology and use tokens to provide new user experiences. Typical representatives include SBI, NTT Docomo, Toppan Printing, NEC, etc. SBI Holdings Group: Collaborated with TradeFinex to develop blockchain trade finance tools. Completed the first cross-border repurchase transaction of digital bonds in cooperation with UBS and DBS Bank. NTT Docomo: Established NTT Digital to promote the application of Web3 technology among individuals and businesses. Collaborated with Amazon to develop tokenized asset solutions. Toppan Printing: Developed blockchain-based supply chain management tools. Collaborated with the National Institute of Information and Communications Technology (NICT) to research quantum computing secure communication technology. NEC (Nippon Electric Company): Conducted quantum token experiments to explore the combination of quantum technology and blockchain. Improved the KYC service quality for financial institutions using blockchain technology. Web3 startups, project level The number of startups is steadily increasing. Japan is known as an 'IP superpower' with rich cultural assets and world-renowned intellectual property rights. This advantage provides unique competitiveness for Japanese Web3 startups. Projects such as games and NFTs launched based on its IP advantages are gaining global attention. Currently, there are hundreds of active Web3 Japanese local projects in the market, and the number is gradually increasing. Licensed exchange level Overview of licensed exchanges: Since the implementation of the (Fund Settlement Act) in 2017, the Japanese government has required all companies providing cryptocurrency trading services to register with the Japanese Financial Services Agency (FSA) to ensure transparent and compliant operations of exchanges. As of now, the number of licensed exchanges has reached 32. Major licensed exchanges: bitFlyer: Japan's largest cryptocurrency trading platform, supporting spot trading, margin trading, and payment services. Coincheck: Offers various cryptocurrency trading and NFT market services, widely popular among users. SBI VC Trade: Operated by SBI Group, focused on serving institutional investors.