#japanfsapublishesonchainfinanceforumminutes
🇯🇵 Japan's FSA published minutes of its first On-Chain Finance Forum (held Sept 30)
What was discussed:
🔹 Digital Agency is studying stablecoins/tokenized deposits for public subsidies, e.g. limited to childcare and food
🔹 Ministry of Finance sets up an expert group in October on blockchain-based government bonds
🔹 BOJ is building a DLT sandbox to test on-chain settlement using its current accounts
🔹 Japan Bankers Association formed a group on next-gen interbank payments
What most posts miss: everything here is at the study stage. The minutes show no figures and no commitments, so this is a policy signal, not a launch.
Dates to watch:
📅 Early 2027: interim report and public-private roadmap
📅 Feb 2027: Asia Day 2027
📅 By March 2027: megabanks aim to run a shared yen stablecoin
Context: SBI and DigiFT launched a tokenized Japanese equity fund on Solana in July.
Which will shape tokenization more: regulated bank rails or open DeFi? 👇
$ETH
$SOL
$USDC
#Stablecoins #Tokenization #Japan
🇯🇵 Japan's FSA published minutes of its first On-Chain Finance Forum (held Sept 30)
What was discussed:
🔹 Digital Agency is studying stablecoins/tokenized deposits for public subsidies, e.g. limited to childcare and food
🔹 Ministry of Finance sets up an expert group in October on blockchain-based government bonds
🔹 BOJ is building a DLT sandbox to test on-chain settlement using its current accounts
🔹 Japan Bankers Association formed a group on next-gen interbank payments
What most posts miss: everything here is at the study stage. The minutes show no figures and no commitments, so this is a policy signal, not a launch.
Dates to watch:
📅 Early 2027: interim report and public-private roadmap
📅 Feb 2027: Asia Day 2027
📅 By March 2027: megabanks aim to run a shared yen stablecoin
Context: SBI and DigiFT launched a tokenized Japanese equity fund on Solana in July.
Which will shape tokenization more: regulated bank rails or open DeFi? 👇
$ETH
$SOL
$USDC
#Stablecoins #Tokenization #Japan