Japan's Ruling Party Proposes AI-Blockchain Finance Framework; Three Major Banks to Issue Stablecoin by March 2027

According to CoinPost, on May 19, Japan's ruling Liberal Democratic Party's Digital Society Promotion Division released a policy proposal on next-generation AI and on-chain finance, aiming to combine AI and blockchain to automate decision-making, financing, and asset management operations. The proposal includes three major banks jointly launching a stablecoin targeting operational launch by March 2027, and promoting tokenization of the Bank of Japan's current account deposits, including wholesale central bank digital currency (CBDC), with framework completion planned within the year.
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