Search results for Liberal Democratic Party
Industry
Japan looks to cut Chinese drone reliance, aims for 80,000 a year by 2030
Japan is stepping up efforts to build a domestic drone production system to reduce reliance on a China-centred supply chain. The strategy includes shifting private drone firms toward defence work and expanding government budgets to strengthen unmanned systems competitiveness. The ruling Liberal Democratic Party has approved a plan to build capacity to produce about 80,000 drones a year by 2030, though funding details remain unclear. Companies such as Eams Robotics and Terra Drone are highlighted as defence-focused examples.
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.
