Japan Cryptocurrency Business Association to solicit projects utilizing digital assets

On September 7, the Japan Cryptocurrency Business Association (JCBA) announced that it will hold an online briefing for local governments starting on September 14, explaining how to use digital assets for regional revitalization, create local fans through the token economy, and the public recruitment support process, and solicit projects that use digital assets (a general term for virtual currency, digital currency, digital securities, NFT, etc.) to solve social problems such as regional revitalization.

Earlier in August, the JCBA had used digital assets in its Use Case Subcommittee, which aimed to dispel the negative image of speculative tools by promoting understanding of use cases for virtual currencies such as Bitcoin for regional revitalization.