
Japan's LDP weighs US-style rules for DeFi, stablecoins and prediction markets
- —LDP and JBA delegation met the US Treasury, SEC, CFTC, JPMorgan, Kalshi and Polymarket
- —JBA wants crypto recognized as property and DEX legal status clarified
- —Prediction markets may clash with Japan's gambling laws, lawmakers warned
- —Reform to start with custody, settlement and investment trusts pending Justice Ministry talks
Why it matters: Japan could legalize DeFi and on-chain settlement, widening institutional access to crypto markets.
Source: Digital Today