Japan and EU Add Tokenization to Forum Statement for First Time

Japan’s Financial Services Agency (FSA) and the European Commission included tokenization in a joint statement from their financial regulatory forum for the first time, adding it to their shared digital finance agenda.

The meeting took place in Tokyo on Nov. 4-5, and the statement was released Nov. 6. It also addressed crypto assets, stablecoins and the use of artificial intelligence in financial services. A 2025 forum statement discussed crypto assets, stablecoins and AI but did not mention tokenization.

The FSA outlined digital finance developments and its work on responsible AI use in the financial sector. The European Commission updated participants on implementation of the Markets in Crypto-assets (MiCA) Regulation and focus areas from a recently closed public consultation.

The two sides discussed cybersecurity risks and called for continued regulatory cooperation through the G7, G20 and Financial Stability Board. Their next forum meeting is scheduled for Brussels in 2027.