Wu Shuo learned that Japan’s Financial Services Agency and the European Commission issued a joint statement on November 6 following the seventh Japan-EU Financial Regulatory Forum, explicitly mentioning asset tokenization in a forum statement for the first time. According to Japanese media outlet NADA NEWS, the two sides met in Tokyo on November 4 and 5 to discuss topics including crypto-assets, stablecoins, tokenization, and the use of AI in financial services. Japan’s Financial Services Agency outlined developments in digital finance and measures to ensure the safe use of AI by financial institutions, while the European Commission reported on progress in implementing the Markets in Crypto-Assets Regulation (MiCA) and key issues raised in a recently concluded public consultation. The two sides also stressed the need to continue strengthening regulatory cooperation through international forums such as the G7, G20, and the Financial Stability Board.