SEGA Square Enix and Konami join Blockchain Gaming Alliance
The new alliance will operate under the auspices of the JCBA and will be officially approved as a subcommittee.
The JCBA has subcommittees for "NFT-, "decentralized finance (DeFi)" and "stable There is a similar subcommittee for "coins.
The new subcommittee will be headed by Tomoyuki Isaka, president of Coincheck. Keisuke Hata of #Square Enix will serve as vice chairman, while representatives from Konami, Coroplast, Sega and Dorcom will serve as executive directors.
The new subcommittee will deal with "legal, accounting and tax issues.
It will also "strive to provide cross-industry guidance.
It will also "review the development of games" that "utilize" aspects of "cryptocurrency intermediation.
He will also look into legal issues related to "NFT-" and work on "case studies" to advance the agenda.
Japan is known for its strict regulation of the #cryptocurrency and gaming sectors. However, critics say a "lack of clarity in legislation, accounting and taxation" has so far prevented Japanese companies from developing blockchain-based games.
Strong partnerships? The Extended Association was founded in 2016. Since then, 155 companies have become its members. In recent years, it has also engaged in self-regulation and frequently speaks to the government on policy issues.
Konami's share price on the Tokyo Stock Exchange over the past five years.
Earlier this year, Konami announced that it would partner with #blockchain startup Avalanche on a new trading platform. The announcement was made.
Last year, SEGA also talked about blockchain and using
FT- in their games.
Read us at: Compass Investments