Weekly crypto highlights in Asia: Japan advances tokenization, Hong Kong expands stablecoin framework
Hong Kong plans to pilot the tokenization of Exchange Fund Bills by the end of 2026 and refine its stablecoin licensing regime. The Bank of Japan raised interest rates by 25 basis points to 1.25%. Additionally, the Japan Financial Services Agency (FSA) has officially prioritized the promotion of on-chain finance and asset tokenization in its 2026 policy.
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