FSA clears the way for JPX to broaden its range of fintech 
Japan Exchange Group (JPX) has been cleared by the Financial Services Authority (FSA) to adopt fintech such as blockchain on a case-by-case basis to enhance the running of trading platforms. JPX subsidies were previously limited to activities linked to exchange operation, they will now be able to invest in start-ups working with fintech areas, including artificial intelligence. Among others, the Tokyo Stock Exchange is planning blockchain proof-of-concept tests as early as spring. 

TOKYO -- Japan Exchange Group will be allowed to use such financial technology as blockchain that could make trading more efficient.

The Financial Services Agency had previously limited JPX subsidiaries to activities directly linked to exchange operation, such as system development. The new, broader interpretation of their duties allows the group to introduce technology that contributes to the smooth running of trading platforms. The FSA will approve fintech adoption on a case-by-case basis.