Japan plans to advance the issuance of local government bonds as digital securities, with the relevant bill scheduled to be submitted to the Diet in 2026.

Techub News reports, according to CoinDesk, the Japanese government has established a policy to promote the issuance of local bonds by local governments in the form of digital securities (Security Tokens) and plans to submit a related bill to the regular Diet session in 2026. The report points out that the government will determine specific measures within this month after listening to the needs of local governments; digital local bonds can leverage blockchain for faster issuance and settlement and are expected to support real-time access to investor information.