ZWC_yamada The Bank of Japan is officially testing blockchain settlement. 🇯🇵
In this week’s Episode 72 of Japan Digital Asset Weekly, we break down the historic announcements from Japan Fintech Week and the massive regulatory shift forcing industry consolidation.
Key Pillars of the Week:
- BOJ Tokenized Deposits: Governor Ueda announces 24/7 wholesale settlement tests and Project Agora participation.
- LINE BITMAX Closure: Why the upcoming FIEA amendment is forcing smaller exchanges out—and making M&A the prime entry route.
- Stablecoin Boom: JPYC raises 1.78B JPY, while SBI & Startale reveal “JPYSC”, a Type-3 trust-backed stablecoin.
- Progmat x Avalanche: Japan’s largest ST platform (439B JPY AUM) transitions from Corda to Avalanche L1 for global interoperability.
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