Japan Targets 24/7 Blockchain Settlement for Stocks and JGBs in 2030s

1 month ago 8

Rommie Analytics

Key Takeaways:

  • Japan is aiming to explore the framework of blockchain technology for near-real time settlement of stocks and JGBs.
  • Possible supporters of the initiative might include the FSA, the Finance Ministry, the BOJ and financial institutions.
  • Some sort of development plan is expected by the end of 2027, and the operations could begin in the 2030s.