🚀 Attention BTC enthusiasts! SBI Holdings, a major Japanese financial firm, is gearing up to launch a whopping $663 million fund to support Web3, AI, and other fintech startups! 🌐💡

This ambitious fund aims to invest in 150-200 companies and is expected to kick off by the end of this year. With major backing from financial institutions like Sumitomo Mitsui Banking Corporation, Mizuho Bank, Nippon Life Insurance, and Daiwa Securities Group, this fund is set to make waves in Japan's startup scene. 🌊🇯🇵

The Japanese government is also stepping up its game, outlining a "5-year startup development plan" to transform Japan into a startup hub in Asia. 🌏 They're targeting a massive increase in startup investment, from 800 billion yen in 2022 to a jaw-dropping 10 trillion yen (around $66 billion) by 2027! 📈

With the ever-changing landscape of Web3 and AI startups, Japan is working on revising its tax framework, particularly for corporate taxes and virtual currencies. 🏛️💰 Keep an eye out for the final tax reform outline, expected to be confirmed by mid-December. 🗓️

So, buckle up, BTC lovers! Japan is making big moves to foster innovation and growth in the world of fintech and Web3! 🚀🌟