Overview

• Katsunobu Kato told WebX2025 attendees that crypto could complement diversified portfolios if the right safeguards are in place.
• The finance ministry aims to design trading arrangements that protect investors without imposing restrictions that would stall innovation.
• Industry reports say the Financial Services Agency approved the first yen‑denominated stablecoin last week, with JPYC expected to lead issuance.
• Japan’s ruling Liberal Democratic Party has pledged to introduce equities‑style insider‑trading rules for digital assets to curb trading on nonpublic information.
• High public debt and concerns over real returns on traditional assets are being cited by commentators as factors boosting interest in cryptocurrencies.