The rumor is that Keanu Reeves will be playing the character of Spike Spiegel. Spiegel is a former member of the Red Dragon Crime Syndicate who is haunted by his time in the organization.
This is just one of many Asian inspired projects to hit the big screen. Due out are "Dragonball", "Street Fighter", and "Tekken" as well as "Akira" and "Ghost in the Shell".