FASE: Harmonization among Crypto-asset, stablecoin and tokenized deposit

Session Overview

Regulatory frameworks for blockchain-related financial services—crypto-assets, stablecoins, tokenized deposits—are being established in jurisdictions worldwide. At the same time, these discussions have raised serious questions about whether blockchain-based financial services can be sound and sustainable, and whether they are viable as an industry structure. Without a shared understanding of a model for the blockchain industry structure, it is not possible to define the details and standards of regulatory supervision in technical, operational, and governance dimensions. This project aims to produce a document that provides a shared view of the industry structure as a basis for regulatory and supervisory debate in each country by summer 2026. This session will kick off that discussion using a discussion paper grounded in the current situation in Japan and will summarize the outcome as a meeting report.

Agenda

Session Chair & Main Contributor

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