crypto
The Financial Services Agency (FSA) hosted the 5th Meeting of the Financial System Council Working Group on Crypto-Assets on November 7, 2025. The meeting focused on consolidating previous discussions and presenting specific proposals for regulatory reforms concerning crypto assets in Japan, particularly addressing the shift of crypto assets towards investment
banking
SBI Holdings reported financial results for the first half of Fiscal Year 2025 (April 1, 2025 – September 30, 2025) at the end of October. Given the usual comprehensive reporting (150+ pages), the following article aims to extract the key updates. I. Consolidated Performance Overview SBI Holdings reported record-breaking performance for
stablecoin
TIS, part of the TIS INTEC Group, and Ava Labs have launched the "Multi-Token Platform", which supports the issuance and management of next-generation digital financial services including stablecoins and security tokens. The "Multi-Token Platform" is a service that provides platform functionality necessary for tokenizing various financial
crypto
The Financial Services Agency (FSA) hosted the 4th Meeting of the Financial System Council Working Group on Crypto-Assets on October 22, 2025. The discussion focused heavily on cybersecurity, the strengthening of the self-regulatory organization (SRO) Japan Virtual and Crypto Assets Exchange Association (JVCEA), and the future regulatory framework for crypto
ethereum
Quantum Solutions acquired an additional 500.43 ETH (approximately $1.925 million USD) through its Hong Kong subsidiary GPT Pals Studio Limited. This brings the group's total ETH holdings to 4,366.27 ETH (total acquisition cost approximately $17.78 million USD), establishing Quantum Solutions as the largest
XRP
gumi has invested in a PIPE (Private Investment in Public Equity) financing for Evernorth, a U.S.-based company, alongside SBI Holdings, gumi Group's largest major shareholder and capital and business partner, Ripple Labs, and other investors. Evernorth is a company established to promote the adoption of the
stablecoin
JPYC Inc. was registered as a "Fund Transfer Service Provider" (Registration Number: Kanto Local Finance Bureau Director No. 00099) under Article 37 of the Payment Services Act on August 18, 2025. Following a preparation period, JPYC will officially begin issuing Japan's first Japanese yen-denominated stablecoin "
stablecoin
SBI Holdings-owned B2C2, a global leader in institutional liquidity for digital assets, has launched PENNY, the industry’s first zero-fee stablecoin swap solution. As the number of different stablecoins grows worldwide—each with different issuers, blockchains, and redemption processes—institutions face mounting operational complexity in managing liquidity across this fragmented
Weekly
Welcome to the one hundred thirty-fourth edition of the Japan FinTech Observer. Another day, another record high for the Nikkei 225 - by the time I hit sent on this weekly report, we might well have crossed the 50,000 index level for the first time. Obviously, one of the
banking
In a significant signal that global financial giants are eager to establish regulated footing in the U.S. digital asset market, Sony Bank has formally applied to the Office of the Comptroller of the Currency (OCC) to establish a national trust bank. Dated October 6, 2025, the application outlines plans
crypto
The Financial Stability Board (FSB) has published its 100+ page "Thematic Review on FSB Global Regulatory Framework for Crypto-asset Activities," from which we have extracted all information related to the regulatory environment in Japan for Crypto-Asset Activities (CA) and Global Stablecoin Arrangements (GSC). Regulatory Framework Summary (Overall Status)
stablecoin
Soramitsu and Soramitsu CBDC have launched consulting and development support services for domestic Japanese business operators. These services support the design, construction, and operation of stablecoin issuance systems in compliance with the Payment Services Act and other regulations. This service extends the national-scale infrastructure development expertise in central bank digital