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[Japanese Ministry of Finance Establishes On-Chain Correspondence Study Group to Explore Feasibility of Instant Settlement for Government Bonds] On September 30, the Japanese Ministry of Finance established an On-Chain Correspondence Study Group, focusing on the feasibility of instant settlement for government bond transactions. The first meeting is scheduled for October 8. Members of the study group include professors from the University of Tokyo and Waseda University, as well as private-sector strategists. The Bank of Japan and the Financial Services Agency will participate in opinion exchanges. The study group will reference U.S. blockchain MMF products based on government bonds as underlying assets and plans to complete the organization of discussion points within the year. (Source: Reuters)