Japan is preparing for one of its most significant crypto regulatory shifts in more than a decade, as the Financial Services Agency (FSA) considers reclassifying crypto assets from “payment instruments” to “financial products.” The move comes amid soaring adoption — with crypto accounts quadrupling to 13 million in five years — and growing concerns over fraud, cybercrime, and inadequate consumer protections.

During the FSA’s sixth crypto working group meeting on Nov. 26, officials highlighted an average of 350 monthly consumer complaints, rising overseas scam activity, and increasingly sophisticated attacks targeting Japanese users.

Why Japan Wants to Shift Crypto Under Securities Law

If approved, oversight would move from the Payment Services Act (PSA) to the stricter Financial Instruments and Exchange Act (FIEA). This would introduce more rigorous disclosure rules, insider-trading safeguards, criminal penalties, and enhanced reporting obligations for exchanges.

Several industry voices argue the change is overdue.
Emeritus Professor Yoshikazu Yamaoki noted that tokens like Bitcoin and Ethereum no longer behave like payment tools but instead mirror speculative investment assets — similar to securities.

Others warn the shift could burden small exchanges and accelerate consolidation, as FIEA-level compliance requirements are significantly heavier.

Tax Reform: The Turning Point

The working group also supports a flat 20% tax on crypto gains, matching stock trading. Currently, crypto income is taxed as miscellaneous earnings — ranging from 15% to 55%.

Industry advocates say aligning taxes with equities could help Japan catch up with global crypto adoption.
ANAP Holdings CEO Rintaro Kawai argues the country is already “significantly behind” and risks having “no future” in Bitcoin innovation without meaningful reform.

A Fragmented Framework That Can’t Keep Up

Japan pioneered early crypto regulation, but years of piecemeal amendments — from Mt. Gox reforms to 2022’s stablecoin laws — have resulted in an inconsistent legal structure. Whitepapers require no formal accuracy standards, and self-regulation by the JVCEA remains weaker than traditional securities oversight frameworks.

Regulators now believe only a full transition to securities-style supervision can restore market integrity.

Coral Protocol has officially launched Coral V1, a major upgrade introducing remote, production-ready software agents designed to streamline multi-agent deployment across blockchain ecosystems. The release marks a significant step toward practical, scalable AI systems that can collaborate, automate tasks, and operate across distributed environments.

The new system allows developers to rent, customize, or integrate remote agents with their own local setups. These agents operate independently while maintaining full transparency, with every decision and action recorded through threads and telemetry inside Coral Studio, giving builders clear oversight of agent behavior.

Remote Agents Go Live Through the Coral Registry

A key feature in Coral V1 is the Coral Registry, a marketplace where developers can publish their agents and automatically receive payouts each time those agents are used. This structure gives contributors direct economic incentives, addressing long-standing challenges around compensation in AI development.

The launch introduces full support for:

• Agent creation
• Agent acquisition
• Agent configuration
• Secure settlement through Solana-powered on-chain payments

These agents can also work together as specialized teams — a shift from traditional frameworks that treated agents as simple functions. Coral Protocol’s approach allows developers to build systems that more closely resemble real-world organizational workflows, with defined roles, processes, and communication rules.

Roman Georgio, Coral Protocol’s Co-Founder and CEO, described the launch as the culmination of years of engineering:
“Coral V1 embodies our vision of an AI ecosystem where specialized agents collaborate to accomplish virtually anything.”

Fixing Long-Standing Problems in Multi-Agent AI

Multi-agent systems have historically been difficult to deploy on-chain due to:

• High infrastructure overhead
• Poor interoperability
• Lack of standardized communication
• No reliable compensation model for agent creators

Coral V1 addresses these shortcomings by enabling remote agents that operate within a shared framework and can coordinate without developers managing complex back-end infrastructure.

The system differs sharply from platforms like LangChain, which require callable algorithm-style agents. Coral instead allows developers to define interaction rules, letting agents operate more like departments in a business rather than isolated functions.

Performance Milestone and Ecosystem Growth

In August, Coral Protocol drew attention by outperforming Microsoft’s Magnetic UI by 34% on the GAIA benchmark, a rigorous suite that evaluates agents on complex reasoning, research, and real-world tasks. The results placed Coral ahead of several major AI players in agent performance.

CTO Caelum Forder said the results indicate that the “Internet of Agents” is no longer theoretical, encouraging developers to “Coralize” their systems for improved efficiency and lower costs.

The protocol has undergone substantial changes in 2025:

• A rebrand from Ai23T
• Launch of the CORAL token on Solana
• Over 500% token growth since debut (despite being 40% below its ATH)

Coral’s roadmap for late 2025 includes:

• Session Contracts
• On-chain task coordination
• Local Server and Agent Mesh tools for decentralized deployment

Together, these upgrades position Coral Protocol as a leading infrastructure project in the emerging AI-on-blockchain sector.

Tokyo-based blockchain project Janction has entered a strategic partnership with Singapore’s AltLayer to integrate rollup-as-a-service technology into its Layer-2 network. The collaboration aims to improve transaction throughput, lower costs, and expand visibility through coordinated marketing efforts. It also supports Janction’s broader goals of powering decentralized GPU compute and enabling AI data traceability on-chain.

A Partnership First Announced in Early 2025

Janction publicly revealed the partnership on February 20, 2025, confirming plans to incorporate AltLayer’s rollup-as-a-service (RaaS) platform into its Layer-2 chain built on the Optimism Superchain. AltLayer later followed with its own announcement, highlighting Janction’s Phase 1 testnet launch.

The partnership resurfaced in the spotlight in September 2025, when Janction’s global account amplified the news alongside a detailed Medium article outlining technical plans and promotional initiatives. The renewed visibility coincided with Janction’s latest seed funding round and the relaunch of its AI-focused testnet environment.

Janction, incubated by Jasmy Corporation in 2024, positions itself within Japan’s expanding Web3 and IoT landscape by emphasizing personal data sovereignty and decentralized infrastructure.

Janction’s Infrastructure: AI, GPUs, and Cross-Chain Connectivity

Led by CEO Hiroshi Harada, Janction is building a permissionless chain designed for decentralized GPU pools—an increasingly important resource for AI workloads. The network is geared toward SMEs that require cost-efficient, distributed computing.

Key components of Janction’s roadmap include:

• Ethereum-compatible Layer-2 scaling on the Optimism Superchain
• AI compute verification and data traceability
• Integration with Jasmy’s IoT suite for secure data flow and monetization
• Cross-chain functionality for NFTs, RWA tokenization, and DeFi liquidity

Additional partnerships announced in September include Arichain (for cross-chain liquidity and AI/DePIN collaboration) and DMC DAO (for on-chain music and NFT content).

AltLayer’s RaaS Platform: Enabling Faster, Cheaper Rollups

AltLayer specializes in deploying fast, modular rollups for Web3 applications, supporting stacks such as Optimism, Arbitrum, Polygon CDK, ZKSync, and others. Its system uses EigenDA for data availability and EigenLayer restaking for shared security, reducing state update costs and improving reliability.

For Janction, the integration brings:

• Sub-second transaction confirmation
• 90% reduction in calldata costs through EigenDA
• EVM-compatibility for easy developer migration
• Shared security through EigenLayer validators
• Rapid rollup deployment in minutes instead of months

AltLayer’s native token, ALT, is used for governance and staking.

Joint Outreach to Developers and Enterprises

Beyond the technical integration, the two teams will collaborate on marketing, events, and developer initiatives aimed at expanding adoption of AI-enabled Web3 tools.

This includes outreach to builders in:

• AI and decentralized GPU compute
• Web3 gaming and NFT rendering
• Cross-chain liquidity and DeFi
• ESG carbon markets and digital ID solutions

Janction is already linked with Japan-listed Aplix, enabling integrations in digital identity, sustainability tracking, and payments.

Conclusion

The Janction–AltLayer partnership establishes a robust foundation for scaling Janction’s Layer-2 network with enterprise-grade rollup infrastructure. By combining sub-second rollup performance, lower fees through EigenDA, and shared security via EigenLayer, the collaboration strengthens Janction’s mission of delivering decentralized GPU compute and verifiable AI workflows.

With aligned marketing efforts and cross-chain integrations, Janction is positioning itself as a notable player in Japan’s emerging AI-Web3 sector—while leveraging AltLayer’s proven RaaS technology to accelerate its path to mainnet.