
Japan's Three Largest Banks Aim for Joint Stablecoin Issue by March
MUFG, SMBC, and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins. The banks aim to finalize their plans by March 2027.
28 stories about Japan from across the crypto press, curated and summarized daily. Most recent: Aug 26, 2026.

MUFG, SMBC, and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins. The banks aim to finalize their plans by March 2027.

Japan's Liberal Democratic Party proposed legal frameworks for crypto ETFs and yen-backed stablecoins. This move could boost crypto adoption and investment in the country. The party outlined a plan to present to the finance minister, aiming to create a favorable regulatory environment for digital assets.

Japan’s ruling party is pushing for stablecoins and tokenized deposits to modernize payments and reduce dependence on foreign financial systems. This move aims to protect the yen and streamline domestic transactions.

Japanese telecom giant KDDI is acquiring a 14.9% stake in Coincheck Group for $65 million. The deal includes a business alliance to expand crypto access through revenue sharing and customer referrals.