EP. 87 | Inside Japan’s Crypto Framework: A Conversation with JFSA's Ryosuke Ushida

What does effective crypto regulation look like in practice? Ryosuke Ushida, Chief FinTech Officer, Financial Services Agency of Japan (JFSA) joins Ari Redbord, Global Head of Policy at TRM Lab to discuss how Japan became a global leader in regulating digital assets — and what the rest of the world can learn.

From the collapse of Mt. Gox to the containment of FTX's fallout, Japan's regulatory evolution offers key lessons in striking the balance between innovation and investor protection. Ryosuke shares how his journey from engineer to international policymaker shaped his pragmatic approach to crypto, DeFi, stablecoins, and AI.

In this wide-ranging episode you will hear about:

• Why Japan's crypto users recovered funds faster post-FTX
• Japan’s leadership at the FATF
• Regulating stablecoins, virtual asset markets and mitigating and cyber threats
• How AI can transform financial regulation

Whether you’re a policymaker, VASP, or crypto builder, this conversation reveals the frameworks and foresight guiding one of the world’s most mature digital asset regulators.