Japanese crypto advocacy group, the Asia Web3 Alliance Japan, has sent a proposal to the U.S. government in effort to strengthen ties around tokenization and regulatory innovation.

In its letter dated Tuesday, the group sent to the U.S. Securities and Exchange Commission's Crypto Task Force a proposal to build "a strategic U.S.–Japan partnership on tokenization and Web3 regulatory innovation," adding that it is particularly interested in digital ownership and tokenized real-world assets (RWAs).

"Japan, while proactive, has yet to define clear pathways for web3 startups to issue tokenized assets without facing heavy legal burdens," the group also said. "The U.S., through the work of the Crypto Task Force, has made progress in identifying security categories and launching safe harbor discussions, which we believe can serve as a model for international cooperation."

The Japanese web3 group's proposal has been sent amid a significant sea change across the U.S. government regarding digital assets. In addition to U.S. President Donald Trump installing more crypto-friendly officials, specifically in the SEC, Trump is also backing projects like World Liberty Financial, which relies on his three sons as ambassadors. 

Additionally, in the proposal addressed to task force and its Commissioner Hester Peirce, the Japanese group proposed a series of measures, including creating a consistent way of classifying different elements such as "tokenized securities," promoting "regulatory interoperability," and facilitating "cross-border token trading and custody." 

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。