learninglog

I haven't written in a while.

yukichi.fun is  pump.fan alternative for Japanese people. The token is likely to be treated as a digital collectible rather than a cryptocurrency under Japanese guidelines.

What you should be cautious about is that Yukichi Fan does not guarantee legal compliance. Based on their terms, the project follows Singaporean law.

yukichi.fun will likely only remove the token from the platform's display in the case of a ban. They do not seem to take responsibility for the on-chain contract.

Japanese users may now have an easier way to issue tokens with lower risk, but they still need to exercise caution. Hopefully, this will further advance discussions on guidelines in Japan.