JAPAN

Crypto / Digital Assets

Japan Agency to Explore Use Cases, Legal Status of DAOs

By Editors | 06/11/2022

A Web 3.0 study group will establish a DAO to better understand its benefits and limitations and make recommendations to the government.

Crypto / Digital Assets

First Project Guardian Pilot Completed Using DeFi Protocols

By Editors | 03/11/2022

DBS, JP Morgan and SBI Digital Asset completed the pilot. Two other pilots are being launched by StanChart, HSBC, UOB and Marketnode.

Enforcement

SMBC Nikko Securities Pleads Guilty to Stock Price Manipulation

By Editors | 30/10/2022

SMBC Nikko has already been ordered to suspend its block trading business for 3 months. The trial is set to end on 26 Dec and a verdict delivered on 13 Feb.

Fintech / Regtech

GIFT City, Japan Fintech Body to Cooperate on Innovation

By Editors | 27/10/2022

GIFT City and the Fintech Association of Japan plan to launch a fintech accelerator and other entrepreneurial programmes.

ESG / Sustainability

JPX Launches Beta Version of ESG Information Portal

By Editors | 27/10/2022

The portal provides users easy access to ESG information from reports published by TSE-listed companies.

Crypto / Digital Assets

Japan Credit Bureau to Develop CBDC Payments Solution

By Editors | 26/10/2022

JBC, IDEMIA and Soft Space plan to develop a CBDC payment solution and conduct a pilot test with Tokyo merchants.

ESG / Sustainability

Japan FSA Establishes Working Group on Impact Investment

By Editors | 26/10/2022

The working group will discuss measures for expanding impact investment in Japan, taking into account trends and practices used in other markets.

Market Infrastructure

Osaka Exchange Prepares to Launch TONA Futures Contracts

By Editors | 24/10/2022

Osaka Exchange will launch three-month TONA futures on 29 May 2023, the same day as its launch of Nikkei 225 micro futures and Nikkei 225 mini options contracts.

Crypto / Digital Assets

Japan Set to Relax Rules for Crypto Token Listings – Report

By Sanday Chongo Kabange | 23/10/2022

Crypto tokens will reportedly be able to list within 30 days. Currently, the screening process for a new listing takes around six months to a year.