Japan weighs blockchain pilot for real-time stock and bond settlement

Japan is considering a pilot system using blockchain technology to settle stock and bond trades in real time. The Financial Services Agency, the Ministry of Finance, the Bank of Japan and major financial institutions plan to launch a related study group this summer, Walter Bloomberg reported, citing Nikkei. A detailed development plan is expected early next year, with operations beginning within the next few years and a broader system targeted for the early 2030s.

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