Asia's weekly TOP10 crypto news: Japan Advances Asset Tokenization, Jiangsu Labels RWA Financing illegal and MOEX to Launch BTC ETH Perpetual Futures and Top10 News

1. Hong Kong FSTB Secretary: Regulated Stablecoins to Trade on Licensed Platforms; Tokenised Exchange Fund Bills Pilot by Year-End link

Christopher Hui, Secretary for Financial Services and the Treasury of Hong Kong, stated at the press conference on financial development measures under the first five-year plan and the 2026 Policy Address that digital assets and fintech serve as Hong Kong’s new growth engine, with digital bonds issued in Hong Kong accounting for roughly 50% of the global total. Hong Kong will pilot the tokenisation of Exchange Fund Bills by the end of 2026. CMU Omniclear (CMU) will establish a digital asset platform within the year to provide one-stop services including digital bond issuance and settlement. In terms of regulation and market development, Hong Kong will refine the virtual asset licensing regime and the regulatory framework for tokenised investment products, facilitate trading of regulated stablecoins on licensed platforms, and encourage the expansion of use cases for compliant stablecoins.

2. BoJ Hikes Rates by 25 bps to 1.25%, Vote 7–2 link

The Bank of Japan announced a 25-basis-point hike in its policy rate from 1.0% to 1.25%, with a 7-to-2 vote. The Bank of Japan stated that despite some economic weakness stemming from factors such as the situation in the Middle East, Japan’s economy is recovering moderately and underlying inflation is gradually approaching the 2% price stability target. The Bank of Japan also noted that it will continue raising the policy rate and adjust monetary easing if the outlook for the economy and prices materializes.