Regulation· ★★★· neutral·

Japan's FSA opens review of DeFi and tokenization rules

  • —FSA to weigh DeFi and DEX rules balancing innovation with investor protection
  • —Tokenized asset issuance topped $35 billion as of July 2026
  • —Nomura urged rules no stricter than abroad and light-touch oversight of non-custodial wallets
  • —Interim findings from the on-chain finance forum are due in early 2027
Why it matters: Japan could set DeFi and tokenization standards for Asia, shaping market access for protocols and stablecoin issuers.
Source: CoinPost
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