Japan to form study group for blockchain-based settlement of stock and bonds
Japan's FSA, finance ministry and central bank are planning to develop a national blockchain-based settlement infrastructure for stocks and Japanese government bonds (JGBs), the Nikkei reported Wednesday.
Japan's FSA, finance ministry and central bank are planning to develop a national blockchain-based settlement infrastructure for stocks and Japanese government bonds (JGBs), the Nikkei reported Wednesday.
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Why it matters
Japan's plan to form a study group for blockchain-based settlement of stocks and bonds signals a potentially significant structural innovation in securities settlement infrastructure, which could influence market efficiency and regulatory approaches beyond Japan.
Sources
Finextra
Japan to form study group for blockchain-based settlement of stock and bonds
Japan's FSA, finance ministry and central bank are planning to develop a national blockchain-based settlement infrastructure for stocks and Japanese government bonds (JGBs), the Nikkei reported Wednesday.