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flag Sony leads Japanese companies exploring blockchain technology and relaxed crypto regulations.

flag Sony is leading a wave of Japanese companies exploring blockchain technology amid calls for relaxed crypto regulations. flag The firm introduced a digital ledger, Soneium, in October to facilitate application development. flag Other companies, including Toyota and Mitsubishi UFJ Financial Group, are also pursuing blockchain projects, such as stablecoins. flag Despite high taxes on crypto gains and stringent licensing rules, Japan is contemplating easing regulations to foster growth in the sector.

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