Blockchain Advocate Named Japan’s Minister of Science, Technology and IT

Job Appointments | October 5, 2018 By:

Blockchain backer Takuya Hirai has been appointed as Japan’s Minister of Science, Technology, and IT, a cabinet position.

Hirai, one of the composers for the Japanese law legalizing and regulating crypto exchanges, will oversee official government policy towards financial technologies. He was formerly chairperson of the Liberal Democratic Party’s IT Strategy Special Committee, as well as chairperson of the Fintech Promotion Parliamentarians’ Federation.

Hirai is also credited as an author of Japan’s basic cybersecurity law, which was enacted in 2015.