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The Japanese government plans to promote the digitization of municipal bonds and will submit a relevant bill in 2026
BlockBeats News, December 23rd, according to Nikkei News, the Japanese government has established a policy to promote the digitization of local government-issued local bonds through Security Tokens. The government plans to submit relevant legislation to the regular Diet in 2026 and will determine specific policy measures within this month based on the needs of local governments.
Experts point out that digital local bonds based on blockchain technology can achieve intermediary-free rapid issuance and settlement, and can real-time grasp investor information. This model can combine various forms of rewards such as monetary returns, non-monetary benefits, and social contributions, and is expected to serve as a tool for individual direct financing.
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