BlockBeats report, May 19: Japan's ruling Liberal Democratic Party (LDP) has officially approved the policy proposal "Next-Generation AI and On-Chain Finance," aiming to build a new national financial system centered on AI and blockchain.
The proposal, led by LDP lawmaker Seiji Kihara, aims to establish a 24/7 automated financial infrastructure supporting "Agentic Commerce." It argues that, in an era where AI can autonomously select goods and services, blockchain’s characteristics—verifiability, programmability, and immutability—align closely with AI-driven finance.
The proposal also explicitly supports promoting the development of yen-stablecoins and "tokenized deposits," and suggests advancing the tokenization of central bank demand deposits. Additionally, the document supports the three major Japanese banks collaborating on a stablecoin issuance initiative and emphasizes the need to strengthen the legal framework and systemic risk management.
In addition, the Japanese government plans to develop a five-year roadmap for AI and blockchain investments, strengthening cooperation with Asian countries in AI and on-chain finance.