Japan

The cooperation framework promotes mutual understanding, exchange of information and technical assistance between the FSA and EIOPA.

The rules will implement laws passed in Japan last year, establishing requirements for Japanese crypto firms to comply with the travel rule.

Zodia Custody and SBI Digital Asset Holdings aim to offer “gold-standard” crypto asset custody services in Japan.

With Coinbase leaving the market, Japanese VASPs using TRUST will likely have to switch to a different travel rule solution.

While Japan's code of conduct represents a key step forward, the “comply or explain” approach may hinder its effectiveness, writes the IEEFA’s Hazel James Ilango.

Companies will have to make more sustainability-related and gender-related disclosures for financial years ending on or after 31 March 2023.

The project was commissioned by METI in September last year to demonstrate the technical feasibility of a carbon credits market.

TFX will launch 3-month TONA futures and related options contracts. The 6-month Euroyen LIBOR futures and O/N Call Rate futures contracts will be delisted.

The new system digitises delivery orders required for the physical delivery of rubber when futures contracts expire, thereby enhancing settlement efficiency.

Under the new regulations, the FSA will only permit stablecoins that pass checks to ensure user protections are in place and reserve assets are secure.