Search results for Liberal Democratic Party
AI & Enterprise
Japan digital minister warns of \'AI colony\' as government considers using sensitive data without consent
Japan is pushing a legal revision that would allow sensitive personal data such as medical records and criminal histories to be used for artificial intelligence development without the individual’s consent. Digital Minister Hisashi Matsumoto said Japan could become an “AI colony” if it fails to narrow the gap with global rivals. The bill has passed the lower house and awaits review in the upper house, with opposition parties warning it could weaken safeguards and raise data-leak risks.
Crypto
Japan ruling party proposes crypto ETFs, yen stablecoins to target Asian payment hub
Japan\'s ruling Liberal Democratic Party has moved to promote policies to legalise cryptocurrency exchange-traded funds and expand yen-denominated stablecoins. A party panel submitted a proposal to Finance Minister Satsuki Katayama on May 31. The plan aims to recognise crypto ETFs as regulated investment products and develop yen stablecoins as a payment gateway for Asia. The proposal cites the dominance of dollar-pegged stablecoins and points to domestic pilots and legislation steps under way.
Crypto
Japan\'s LDP approves plan for AI and blockchain-based next-generation financial system
Japan\'s ruling Liberal Democratic Party has formally approved a policy proposal to build a next-generation financial system using AI and blockchain technology, The Block reported. The proposal, drafted by an LDP project team led by lawmaker Seiji Kihara, prioritises developing automated financial infrastructure to support 24-hour autonomous commerce via blockchain networks. It also includes support for tokenised deposits and yen-denominated stablecoins, and calls for stronger cooperation with other Asian countries.
