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The Japanese government plans to promote the digital securitization of local government bonds, with relevant legislation to be submitted in 2026

ChainCatcher news, according to CoinDesk citing Nikkei reports, the Japanese government has established a policy to promote the digital securitization (Security Token) of local bonds issued by local governments. The government plans to submit related bills during the regular Diet session in 2026 and will finalize specific countermeasure guidelines based on local government needs within this month.

Experts point out that digital local bonds based on blockchain technology can enable fast issuance and settlement without intermediaries and allow real-time tracking of investor information. This model can combine various forms of returns, such as monetary rewards, non-monetary benefits, and social contributions, and is expected to function as a tool for direct personal financing.