According to the report of CT Japan, a pro-blockchain politician, Takuya Hirai, has been appointed as Minister of Science, Technology, and IT. The reason for his appointment is the fourth reshuffle of Japanese Prime Minister Shinzō Abe's cabinet.
Takuya Hirai is a member of the ruling Liberal Democratic Party (LDP) and the active supporter and one of the architects of a law that allows cryptocurrency exchanges and transactions.
It is expected that new appointment will have a positive impact on official government policy towards financial technologies, the blockchain, and cryptocurrencies.
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