Japan’s PM Ishiba Reaffirms Leadership Amid Political Uncertainty, Eyes Crypto Regulation
On July 20, Japanese Prime Minister Shigeru Ishiba reiterated his determination to remain in office despite increasing political pressure. Speaking after the release of exit poll data indicating that the ruling coalition—comprising the Liberal Democratic Party and Komeito—may lose its majority in the House of Councillors, Ishiba stressed his duty to lead, stating, “I will continue to fulfill my responsibilities.”
Amid domestic challenges, Ishiba also highlighted key policy priorities, including Japan’s evolving stance on digital assets. With rising crypto adoption, the government is reviewing regulatory frameworks for major cryptocurrencies like Bitcoin (BTC)$BTC and Ethereum (ETH) $ETH to promote innovation while ensuring investor protection.
Additionally, Ishiba is expected to address the U.S. tariff issue before the August 1 deadline, underscoring his focus on economic stability. As Japan navigates this critical moment, the role of digital finance in the country’s broader strategy is becoming increasingly significant.