Share this article
Japan's Financial Regulator to Discuss Blockchain Market Applications
Japan’s Financial Services Agency is set to discuss blockchain tech at a policy meeting early next month.
By Stan Higgins
Updated Sep 11, 2021, 12:13 p.m. Published Apr 8, 2016, 5:27 p.m.
Japan's Financial Services Agency (FSA) is set to hold a meeting early next month at which representatives of the regulatory body will take part in a policy discussion on blockchain applications in the country’s financial markets.
In an 8th April notice, the government entity overseeing banking, insurance and securities and exchange, said that it plans to weigh the effects of automated, high-frequency trading operations on market stability and transparency, as well as examine new developments in the asset management industry.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
A date for which has not yet been disclosed by the FSA.
The agency stated:
"The development of FinTech such as block-chain technology is now a rapidly emerging, important topic for market participants to address intentionally. Discussion also needs to be held on what kind of solutions we should prepare in order to enhance the competitiveness of our markets.”
The remarks come weeks after an official from the FSA voiced support for Asia to become a global leader in blockchain applications. At the time, vice minister for international affairs Masamichi Kono advocated for a risk-oriented approach to encouraging adoption of disruptive technologies like blockchain.
The FSA is no stranger to digital currency issues, having drawn up a proposal for regulating exchange services in the wake of the collapse of Tokyo-based bitcoin exchange Mt Gox.
The agency is also playing a role in defining the legal status of digital currencies in Japan.
Japanese business image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Coinbase Reopens India Signups, Targets Fiat On-Ramp in 2026 After Two-Year Freeze
Coinbase halted services entirely in 2023, off-boarded millions of Indian users and shuttered local access while reassessing regulatory exposure.
What to know:
- Coinbase has resumed onboarding users in India, marking its return to the market after a two-year hiatus due to regulatory issues.
- The exchange is currently allowing crypto-to-crypto trading and plans to reintroduce fiat on-ramps next year.
- Despite regulatory challenges, Coinbase is investing in India, including increasing its stake in local exchange CoinDCX.
Top Stories
