Japan’s New Prime Minister Reorganizes Web3, Crypto Policy Units

Japanese Prime Minister Shigeru Ishiba has reorganized his party’s web3 and crypto policy-making units. Japan’s CoinPost reported that Masaaki Taira, the new Digital Minister, made a series of related announcements at a forum on November 27. Taira explained that the ruling Liberal Democratic Party will dissolve the existing web3 Project Team (PT), and will instead create a dedicated unit in the party’s Digital Society Promotion department. Akihisa Shiozaki, the former Secretary-General of the web3 PT, will lead the new unit. The PT was the brainchild of Former Prime Minister Fumio Kishida, who stepped down as PM and the head of the LDP earlier this year.

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