Japan

The rehabilitation plan will lead to the distribution of more than $9bn to investors who lost bitcoins when Mt Gox closed more than seven years ago.

Japan's FSA will also formulate codes of conduct for ESG evaluation organisations, covering transparency, fairness, and good governance.

The new versions of the Tokyo Swap Rate are designed to support the transition away from LIBOR and the adoption of new market conventions.

In its financial system report, the BOJ said the delayed economic recovery is raising credit risks, particularly in the highly-leveraged real estate sector.

The FSA's Satoshi Ikeda said the regulator is "eagerly pushing" for measures to enable more dynamic investing in low-carbon and zero-carbon technologies.

Japan's trading day runs for just five hours each day, an outlier among major markets. The bourse will reportedly propose a 30-minute extension.

While the BOJ still has no plan to issue CBDC, the inability to ensure interoperability with other countries could create issues for Japan.

The subsidies are available to foreign asset management and fintech companies working in the field of green finance who wish to start new businesses in Tokyo.

Japan Securities Clearing Corporation will conduct a bulk conversion exercise during the weekend of 4–5 December to convert JPY LIBOR contracts to TONA contracts.

While some argue quarterly reporting helps investors make more informed judgments, regulators worry it incentivises short term profit seeking behaviour.