BOJ Himino urges regulators to adapt to new financial realities

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TOKYO, Oct 21 (Reuters) – Global regulators must adapt to new realities in the financial system, such as an increasing ratio of assets held by non-bank financial institutions and the emergence of stablecoins, Bank of Japan Deputy Governor Ryozo Himino said on Tuesday. "We need to continue to modernise international prudential standards to keep up with the new and emerging realities," Himino said in a speech at the 2025 GZERO Summit Japan. (Reporting by Leika Kihara; Editing by Jamie Freed)

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