Japan crypto regulation and blockchain finance transition

Japan's regulated-digital-asset transition continues through FSA pressure on Bitget, consideration of crypto ETFs and yen stablecoins, SBI's Solana settlement work, Sony Bank's Connectia Trust, blockchain bonds, and MUFG's G7-currency consortium. SBI's investment in Singapore stablecoin-payments firm dtcpay adds a Japan-linked regional expansion signal, while reserves, custody, redemption, FX liquidity, interoperability, and final approvals remain unresolved.