Japan Plans to Digitize Local Government Bonds by 2026

According to Foresight News, citing a report from CoinDesk via Nikkei, the Japanese government has outlined a plan to digitize local government bonds through security tokens. The government intends to submit the relevant legislation to the regular Diet session in 2026 and will determine specific policy measures based on local government needs within this month. Experts highlight that blockchain-based digital local bonds can facilitate rapid issuance and settlement without intermediaries and allow real-time tracking of investor information. This model, which can integrate various forms of returns such as monetary, non-monetary benefits, and social contributions, is expected to serve as a tool for direct personal financing.