Regulation· ★★★· bullish·

Japan LDP lawmaker Hira: onchain finance course confirmed after US visit

  • Hira visited the SEC, CFTC, US Treasury, IMF, Circle, JPMorgan, BlackRock, Kalshi, and Polymarket
  • In July, 'onchain finance' was included for the first time in the Japanese government's basic plan
  • The party working group is preparing a second proposal focused on asset tokenization
  • Hira warned: without BOJ action, the country will lose out to the digital yuan and dollar stablecoins
Why it matters: Japan could accelerate regulation of stablecoins and tokenized deposits, supporting onchain finance in Asia.
Source: CoinDesk Japan