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Japan's Liberal Democratic Party proposes establishing a Prime Minister's Office-led cyber response headquarters to track illicit crypto assets and accelerate migration to post-quantum cryptography.
According to CoinPost, the "Proposal for Fundamental Strengthening of Cybersecurity Countermeasures" compiled by the Japan Liberal Democratic Party National Cybersecurity Strategy Headquarters (Chairperson: Masaaki Hirai) was approved by the Party-Government-Administrative Coordination Council on October 22. The proposal characterizes the current landscape as the "eve of a cyber crisis," centering on the establishment of a "Cyber Response Headquarters (provisional)" led by the Prime Minister's Secretariat. The proposal directs the National Police Agency to lead participation in international joint investigations with agencies such as the FBI and Europol, dismantle criminal infrastructure including command-and-control servers, and actively track illicitly acquired crypto assets. It also mandates the National Cyber Coordination Office to accelerate migration to post-quantum cryptography (PQC). Referencing the migration schedules for high-impact systems in major Western nations around 2030–2031, the proposal sets an earlier deadline for critical government systems. The article notes that electronic signatures for Bitcoin (BTC) are equally vulnerable to future quantum computing threats.
The Liberal Democratic Party (LDP) has proposed a next-generation financial vision integrating AI and blockchain; three major banks plan to issue stablecoins by March next year.
According to CoinPost, Japan’s Liberal Democratic Party (LDP) Digital Society Promotion Headquarters’ “Next-Generation AI & On-Chain Finance Vision Project Team” released a policy proposal on May 19, advocating the integration of AI and blockchain to automate and enable 24/7 operation of decision-making, financing, and asset management—and designating finance as the “18th Growth Investment Sector.” Specific measures proposed in the document include: advancing tokenization of demand deposits at the Bank of Japan (including wholesale CBDC), with conceptual frameworks to be finalized by year-end; joint issuance of a stablecoin by Japan’s three major banks, targeting the launch of live operations by March next year; and promoting on-chain tokenization of real-world assets (RWAs), such as accounts receivable and real estate. At the international cooperation level, the proposal calls for establishing an “AI & On-Chain Finance Asia Policy Dialogue Framework” and advancing cross-border settlements using yen-denominated stablecoins, thereby realizing the “Global SC Corridor Vision.”
HKMA warns of fraudulent digital Hong Kong dollar project scam, has reported to police
Odaily reports: The Hong Kong Monetary Authority (HKMA) has issued an announcement disclosing that it has received a large number of public inquiries concerning fraudulent activities involving a fake digital Hong Kong dollar project. The scam in question claims to be able to convert loans into digital Hong Kong dollar assets, luring the public into signing agreements.The HKMA solemnly clarifies that the fraudulent scheme and lending project are in no way related to the HKMA, and emphasizes that it will never contact members of the public regarding personal financial matters or carry out fund transfers. All institutions participating in the "e-HKD" Pilot Programme and other HKMA sandbox programmes will not raise funds from the public or offer wealth management and investment products under the name of the relevant programmes.The HKMA has reported the incident to the Hong Kong Police and reminds the public to verify relevant information through the HKMA's official website. If you have provided personal information to suspicious websites or applications, or suspect you have been defrauded, you should immediately contact the police or the Information Centre of the Criminal Headquarters of the Hong Kong Police Force.
South Korean police arrested over 5,200 drug suspects in the first half of the year and will strengthen crackdowns on online and foreign-related drug crimes in the second half.
According to Yonhap News Agency, data released by the National Investigation Headquarters of the Korean National Police Agency shows that during the concentrated crackdown campaign in the first half of this year (March to June), a total of 5,203 drug suspects were caught and 1,039 were detained, representing a year-on-year increase of 1.8% and 7.8% respectively. Among them, suspects involved in online drug transactions reached 2,178, accounting for 41.9% of the total number of suspects caught, an increase of 300 people compared to the same period last year; there were 848 foreign nationals involved in drug-related activities, an increase of 114 people year-on-year, with supply-related crimes accounting for up to 47.2%. During this period, the police also successfully extradited Philippine drug lord Park Wang-yeol and recovered criminal proceeds of 3.84 billion Korean won. In the second half of the year (August to December), the police will focus on strengthening crackdowns on drug sales channels on social platforms such as Telegram, and establish a 41-member special tracking team for virtual assets, while jointly strengthening efforts to crack down on drug crimes involving foreign personnel with international law enforcement agencies.
The Liberal Democratic Party (LDP) has proposed a next-generation financial vision integrating AI and blockchain; three major banks plan to issue stablecoins by March next year.
According to CoinPost, Japan’s Liberal Democratic Party (LDP) Digital Society Promotion Headquarters’ “Next-Generation AI & On-Chain Finance Vision Project Team” released a policy proposal on May 19, advocating the integration of AI and blockchain to automate and enable 24/7 operation of decision-making, financing, and asset management—and designating finance as the “18th Growth Investment Sector.” Specific measures proposed in the document include: advancing tokenization of demand deposits at the Bank of Japan (including wholesale CBDC), with conceptual frameworks to be finalized by year-end; joint issuance of a stablecoin by Japan’s three major banks, targeting the launch of live operations by March next year; and promoting on-chain tokenization of real-world assets (RWAs), such as accounts receivable and real estate. At the international cooperation level, the proposal calls for establishing an “AI & On-Chain Finance Asia Policy Dialogue Framework” and advancing cross-border settlements using yen-denominated stablecoins, thereby realizing the “Global SC Corridor Vision.”
Related news
HKMA warns of fraudulent digital Hong Kong dollar project scam, has reported to police
Odaily reports: The Hong Kong Monetary Authority (HKMA) has issued an announcement disclosing that it has received a large number of public inquiries concerning fraudulent activities involving a fake digital Hong Kong dollar project. The scam in question claims to be able to convert loans into digital Hong Kong dollar assets, luring the public into signing agreements.The HKMA solemnly clarifies that the fraudulent scheme and lending project are in no way related to the HKMA, and emphasizes that it will never contact members of the public regarding personal financial matters or carry out fund transfers. All institutions participating in the "e-HKD" Pilot Programme and other HKMA sandbox programmes will not raise funds from the public or offer wealth management and investment products under the name of the relevant programmes.The HKMA has reported the incident to the Hong Kong Police and reminds the public to verify relevant information through the HKMA's official website. If you have provided personal information to suspicious websites or applications, or suspect you have been defrauded, you should immediately contact the police or the Information Centre of the Criminal Headquarters of the Hong Kong Police Force.
Japan's Liberal Democratic Party proposes establishing a Prime Minister's Office-led cyber response headquarters to track illicit crypto assets and accelerate migration to post-quantum cryptography.
According to CoinPost, the "Proposal for Fundamental Strengthening of Cybersecurity Countermeasures" compiled by the Japan Liberal Democratic Party National Cybersecurity Strategy Headquarters (Chairperson: Masaaki Hirai) was approved by the Party-Government-Administrative Coordination Council on October 22. The proposal characterizes the current landscape as the "eve of a cyber crisis," centering on the establishment of a "Cyber Response Headquarters (provisional)" led by the Prime Minister's Secretariat. The proposal directs the National Police Agency to lead participation in international joint investigations with agencies such as the FBI and Europol, dismantle criminal infrastructure including command-and-control servers, and actively track illicitly acquired crypto assets. It also mandates the National Cyber Coordination Office to accelerate migration to post-quantum cryptography (PQC). Referencing the migration schedules for high-impact systems in major Western nations around 2030–2031, the proposal sets an earlier deadline for critical government systems. The article notes that electronic signatures for Bitcoin (BTC) are equally vulnerable to future quantum computing threats.
South Korean police arrested over 5,200 drug suspects in the first half of the year and will strengthen crackdowns on online and foreign-related drug crimes in the second half.
According to Yonhap News Agency, data released by the National Investigation Headquarters of the Korean National Police Agency shows that during the concentrated crackdown campaign in the first half of this year (March to June), a total of 5,203 drug suspects were caught and 1,039 were detained, representing a year-on-year increase of 1.8% and 7.8% respectively. Among them, suspects involved in online drug transactions reached 2,178, accounting for 41.9% of the total number of suspects caught, an increase of 300 people compared to the same period last year; there were 848 foreign nationals involved in drug-related activities, an increase of 114 people year-on-year, with supply-related crimes accounting for up to 47.2%. During this period, the police also successfully extradited Philippine drug lord Park Wang-yeol and recovered criminal proceeds of 3.84 billion Korean won. In the second half of the year (August to December), the police will focus on strengthening crackdowns on drug sales channels on social platforms such as Telegram, and establish a 41-member special tracking team for virtual assets, while jointly strengthening efforts to crack down on drug crimes involving foreign personnel with international law enforcement agencies.
Korean Media: SK Hynix Plans to Build New Headquarters in Gangnam, Seoul
Odaily News SK Group is pushing forward with the acquisition of the former Le Méridien Seoul site in Gangnam-gu, Seoul, and plans to build the SK Hynix headquarters. Reports indicate that the site is approximately 1 kilometer from the Samsung Group headquarters, "Samsung Town." SK Group Chairman Chey Tae-won is said to have requested that the new building be "5 meters taller than Samsung's."Currently, the specific method of participation in the project has not been finalized. Options including land acquisition, equity in the project company, or the pre-purchase of office buildings are still under discussion. (Asia Economy)
Iranian Armed Forces: US Interference in the Strait of Hormuz Will Be Met with Retaliation
according to the Islamic Republic of Iran Broadcasting on the 2nd, the Khatam al-Anbiya Central Headquarters of the Iranian Armed Forces issued a statement that day, stating that the Iranian armed forces will respond "decisively and swiftly" to any US interference in the Strait of Hormuz.The statement said that the Strait of Hormuz is by no means a place for the United States to act recklessly. The security and stability of this crucial waterway are a "red line" for the Iranian armed forces. The statement indicated that all oil tankers and commercial vessels wishing to safely pass through the Strait of Hormuz must follow the shipping routes designated by Iran. Any failure to comply with or deviation from the designated routes, or any disregard for navigation regulations, will be met with a response from the Iranian armed forces and will endanger the safety of the violating vessels themselves. (Xinhua News Agency)
U.S. CFTC Cancels Plan to Relocate to SEC Office, to Renew Lease of Current Headquarters for 5 Years
According to Reuters, the U.S. Commodity Futures Trading Commission (CFTC) has canceled its plan to relocate to the U.S. Securities and Exchange Commission (SEC)’s office and will remain at its current headquarters.