Japan’s Prime Minister Shigeru Ishiba emphasised cultivating Web3 applied sciences as a key pillar of home financial development. On the WebX occasion on August 25, PM Ishiba described Web3 as “a transformative turning level akin to the Industrial Revolution.” Ishiba follows Donald Trump’s instance as a nationwide chief, attending a Web3 occasion and emphasizing know-how,…
Japan’s Financial Services Agency (FSA) plans a major reorganization in fiscal 2026, creating a new bureau to oversee insurance, asset management, and emerging financial services, including digital assets. Strengthening Oversight Amid Insurance Scandals The reorganization follows repeated incidents in the insurance sector, including customer data leaks and improper transfers from partner banks. The FSA intends…
Japan’s Financial Services Agency will approve the nation’s first yen-denominated stablecoin. This approval allows fintech firm JPYC Inc. to issue its digital token. The company plans to launch the stablecoin later this year. According to a Nikkei report published on August 18, the regulator plans to register JPYC as a money transfer service provider within…