CoinVoice has recently learned that, according to a report by CoinDesk citing Nikkei News, the Japanese government has determined a policy to promote the securitization of local bonds issued by local governments (Security Token). The government plans to submit relevant legislation to the regular Diet session in 2026 and will determine specific countermeasure policies based on local government needs within this month.

Experts point out that digital local bonds based on blockchain technology can achieve rapid issuance and settlement without intermediaries, and can keep real-time information on investors. This model can combine various forms of returns such as monetary returns, non-monetary benefits, and social contributions, and is expected to serve as a tool for direct financing for individuals.[Original link]