Bitget Wallet joins Japan's Blockchain Collaborative Consortium to participate in self-custody policy discussions as Japan develops its digital asset regulatory framework.
Regulation & Gov ·
Bitget Wallet has officially joined Japan's Blockchain Collaborative Consortium to engage in policy discussions centered on self-custody standards as the country shapes its digital asset regulatory framework. The move positions the wallet provider—which serves approximately 90 million users as a self-custodial, multi-chain platform—as a stakeholder in Japan's evolving compliance landscape for crypto assets.
The consortium provides a forum for industry participants to weigh in on regulatory design before formal rules crystallize. Self-custody remains a contested policy area globally, with jurisdictions weighing decentralization benefits against consumer protection and financial crime prevention concerns. Bitget Wallet's participation signals the company's intent to help shape how Japanese regulators approach wallet standards and user asset control.
Details remain sparse on the consortium's specific agenda, timeline, or what concrete policy recommendations Bitget Wallet will advocate. The extent to which Japanese regulators will adopt consortium input, or how self-custody guidance might differ from frameworks in other jurisdictions where Bitget operates, is not yet clear.