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Japan's Ruling LDP Approves 'AI and Blockchain Finance' Policy Today, Supporting Stablecoins and Tokenized Deposits

GateNews

Regulation & Policy AI Industry News Geopolitics

2026-05-19 09:44:24

According to The Block, Japan's ruling Liberal Democratic Party (LDP) officially approved an "AI and on-chain finance" policy proposal on May 19, supporting the development of next-generation financial infrastructure. The proposal, led by LDP lawmaker Seiji Kihara's project team, advocates for tokenized deposits and yen-pegged stablecoins, emphasizing the importance of tokenizing Bank of Japan deposits. The document also supports a joint stablecoin issuance project involving Japan's three major banks and calls for the Financial Services Agency (FSA) to establish a five-year roadmap promoting public-private investment in AI and blockchain financial infrastructure.

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