tokenized deposits
A consortium of six major Japanese financial and technology firms—including SBI Securities, Daiwa Securities, and SBI Shinsei Bank—have announced the launch of a collaborative project to verify real-world settlement of security tokens (ST) using tokenized deposits. The initiative aims to implement a Delivery Versus Payment (DVP) settlement scheme
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
securities
Rakuten Bank's and Rakuten Securities' Money Bridge service, connecting customers’ Rakuten Bank and Rakuten Securities accounts, has surpassed 6 million accounts as of September 2025. Rakuten Bank and Rakuten Securities began offering Money Bridge to improve the convenience of services for private asset building and management. Anyone
crypto
Over the past week, there were two additional announcements regarding SBI Group's strategic expansion within the Japanese cryptocurrency market. These key developments include a new partnership between SBI VC Trade and Convano for large-scale Bitcoin operations and SBI FX Trade's launch of crypto CFDs, underpinned by
crypto
The 55th General Meeting of the Financial System Council and the 43rd Joint Meeting of the Financial System Subcommittee, jointly held on Wednesday, June 25, reviewed the current status of and the regulatory framework for crypto assets in Japan. The regulatory approach aims to balance user protection with innovation promotion,
embedded finance
SmartPlus, part of the Finatext Group that realizes embedded finance through the provision of next-generation financial infrastructure, has updated the functions of its securities business platform "BaaS (Brokerage as a Service)" and is now offering bond trading services. Background and Purpose With the recent rise in long-term interest
regulation
During January 2025, the Financial Services Agency (FSA) met with the industry associations for major banks, regional banks, shinkin banks, trust banks, securities dealers, and investment trusts. 1. Common Topics Across Industries Several key themes emerged consistently across the FSA's discussions with different financial industry sectors: 1.1
broker/dealer
PayPay will acquire shares in PayPay Securities from SoftBank and LY Corporation, as well as subscribe to a third-party allocation of shares conducted by PayPay Securities, with the aim of further enhancing the corporate value of PayPay Securities. By becoming the parent company of PayPay Securities, PayPay aims to strengthen
securities
MUFG Bank will acquire 100% of shares of the following overseas securities subsidiaries: MUFG Securities EMEA, MUFG Securities Asia, and MUFG Securities (Canada), currently owned by MUSHD, making them direct subsidiaries of MUFG Bank. The reorganization is scheduled for July 1, 2025, subject to the completion of necessary procedures, including