Japan's FSA Seeks Public Input on Stablecoin Bond Rules
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Stablecoin Rule Revision: Japan's Financial Services Agency (FSA) has opened a public comment period until February 27, 2026, aimed at ensuring that the assets backing stablecoins are genuinely stable, thereby enhancing market confidence.
- Asset Quality Requirements: The new draft specifies the types of bonds that can serve as supporting assets for stablecoins, primarily focusing on Japanese Government Bonds (JGBs) and high-rated debt instruments to improve liquidity and security.
- Industry Feedback Mechanism: The public comment period allows industry experts and citizens to participate, with the FSA planning to compile feedback and publish results by the end of 2025, ensuring that the rules align with market needs.
- Impact of New Regulations: In addition to stablecoin legislation, the FSA has introduced new “Supervision Guidelines” for banks and insurance companies to strengthen oversight of traditional financial institutions in the digital asset space, mitigating potential risks.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






