Bank of Japan

Market Risk

BOJ Faces Calls to Slow Bond Taper Amid Rising Yields

By Mark Johnston | 03/06/2026

A summary of investor opinions and recent market volatility are increasing pressure on BOJ to consider a more gradual approach to quantitative tightening.

Stablecoins

Japan’s Ruling Party Proposes Rules for Crypto ETFs, Yen Stablecoins

By Mark Johnston | 02/06/2026

A policy panel has urged the government to create a legal framework for crypto ETFs and promote yen-denominated stablecoins for payments.

Payments & Settlements

BOJ Official Details 'Dual Approach' to Payment System Evolution

By Manesh Samtani | 02/06/2026

Senior BOJ official outlined plans for a new private-sector real-time payment system and a "dual approach" to modernising Japan's financial infrastructure.

Tokenisation

Project Agora Finds No Legal Barriers to Tokenised Cross-Border Payments

By Manesh Samtani | 28/05/2026

BIS-led project involving seven central banks has concluded its prototype for tokenised payments is compatible with existing legal frameworks.

Emerging Prudential Risks

BOJ Flags Stability Risks From Insurers' Shift to Alternatives, Reinsurance

By Manesh Samtani | 26/05/2026

BOJ review highlights growing financial stability risks from life insurers' increasing use of asset-intensive reinsurance and exposure to private funds.

Cybersecurity

Japan Urges Banks to Bolster Defences as It Gains Access to Advanced AI

By Sanday Chongo Kabange | 25/05/2026

Regulators have issued new guidance on AI-powered cyber threats as the government and major banks are set to receive access to Anthropic's powerful Claude Mythos model.

Tokenisation

BOJ Signals Exploration of Tokenised Deposits Alongside CBDC

By Manesh Samtani | 22/05/2026

BOJ's Himino Ryozo outlined the central bank's multi-faceted approach to digital money, including a new exploration into tokenised deposits settled with tokenised central bank reserves.

Stablecoins

Japan's Ruling Party Approves AI and On-Chain Finance Blueprint

By Sanday Chongo Kabange | 21/05/2026

The policy proposal calls for a five-year roadmap to develop a new financial infrastructure using tokenised deposits, yen stablecoins, and AI.

Emerging Prudential Risks

BOJ Warns of Systemic Risks from Investment Funds

By Nithya Subramanian | 19/05/2026

The central bank warned that growing exposure to hedge funds and private markets could amplify volatility and transmit global shocks into Japan’s financial system.