#Japan #Tokyo #Fintech Hub #Japan Open Chain #Japan Blockchain

Japan Blockchain Foundation Collaborates with FinTech Experiment Hub

The Japan Blockchain Foundation, led by CEO Daimei Inaba, has recently announced its participation in the Financial Services Agency's (FSA) FinTech Experiment Hub. This collaboration marks the foundation as the thirteenth project receiving support from the hub since its establishment on September 21, 2017. The current focus is on validating measures against money laundering specifically associated with cryptocurrencies and stablecoins.

Overview of the FinTech Experiment Hub

The FSA designed the FinTech Experiment Hub to foster innovation utilizing financial technology. The hub aims to mitigate worries and hesitations surrounding unprecedented experiments, thereby encouraging smooth challenges in the fintech landscape. It provides ongoing support to address practical challenges related to compliance, supervisory responses, and legal interpretations that may arise when offering services to the general public.

For further details, you can visit the official FSA website.

Experiment Details

Experiment Outline

This practical experiment will focus on assessing the feasibility and practicality of a new framework led by private entities for sharing information related to measures against money laundering concerning cryptocurrencies and stablecoins. The expected timeline for this experiment spans from March 2026 to May 2026.

To learn more about this initiative, you can check the information on the FSA home page.

Introducing Japan Open Chain

Japan Open Chain (JOC), the first public blockchain operated by Japanese companies, offers full compatibility with Ethereum and emphasizes practical usability. The project aims at creating a secure, efficient, and low-cost blockchain infrastructure that everyone can access globally. In addition, it aspires to establish a future financial framework through digitalizing assets like stablecoins and NFTs, potentially triggering a worldwide digital financial revolution.

The consortium currently comprises esteemed partners, including Dentsu Inc., G.U. Technologies, insprout, Kudasai Inc., Pixiv, TIS Inc., Extra Mile of TV Asahi Group, Kyoto University of Arts, Hatena Inc., C.A.C., Cyberlinks, SBINFT Inc., Nethermind, and Pacific Meta Inc., with plans for expansion to 21 companies.

You can find more information on the official project page at Japan Open Chain.

About Japan Blockchain Foundation

Japan Blockchain Foundation operates a consortium focusing on the enterprise-level public blockchain, “Japan Open Chain,” complying with Japanese laws and regulations. The foundation emphasizes governance design and regulatory compliance, facilitating the social implementation of next-generation financial infrastructures that leverage stablecoins and tokens across companies and municipalities.

Company Details

• - Name: Japan Blockchain Foundation
• - Location: Cerulean Tower 15F, 26-1 Sakuragaoka-cho, Shibuya-ku, Tokyo
• - CEO: Daimei Inaba
• - Established: July 2022
• - Website: https://www.jbfd.org
• - Business Overview: Operations and management of web3 infrastructure
• - Affiliated Companies: G.U. Group Inc., G.U. Technologies Inc.

For more inquiries related to interviews or speaking engagements, please feel free to connect with Japan Blockchain Foundation’s PR team through our contact form or via email at [email protected].

Note: Images and logos within this press release may only be used in conjunction with this announcement.