Did Japan’s PM Actually Back the Memecoin Bearing Her Name?
BeInCrypto
Reports suggest Japanese Prime Minister Takaichi's office may have been aware of the SANAE TOKEN memecoin, contradicting her public denials.Summary
The SANAE TOKEN, a memecoin featuring Japanese Prime Minister Takaichi, has sparked a scandal following allegations that her office was aware of the project. While Takaichi previously denied any involvement, media reports including findings from Weekly Bunshun suggest her staff may have provided approval. The controversy coincides with Japan's Financial Services Agency introducing a landmark reform bill that would reclassify digital assets as financial instruments and significantly increase penalties for unlicensed crypto operations, a legislative push partly motivated by cases like the SANAE TOKEN.
(Source：BeInCrypto)