Japan’s Prime Minister Rejects ‘Sanae Token,’ Saying She Never Approved the Crypto Project

TL;DR
- Prime Minister Sanae Takaichi denied approving or knowing about Sanae Token, saying the cryptocurrency used her name without authorization or awareness.
- The controversy involves public secretary Tsuyoshi Kinoshita, who communicated with operators linked to businessman Ken Matsui but said he believed the proposal concerned app points.
- The case tests Japan’s effort to promote Web3 and tokenization while strengthening safeguards against fraud, unauthorized issuance, implied political endorsements, and misleading crypto branding.
Japan’s Prime Minister Sanae Takaichi has denied approving or participating in the launch of “Sanae Token,” a cryptocurrency created using her name without her knowledge or consent in any form. Speaking in the lower house of Japan’s National Diet, Takaichi said she had not even known the token existed. The prime minister’s rejection draws a clear line between her public identity and the unauthorized crypto project. Yet the case is hardly routine, because the token’s reported connections extend beyond anonymous developers and into the orbit of an official working closely with Japan’s head of government.
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