Home Gadgets Japan’s New Law Says Stablecoins Can Only Be Issued By Registered Financiers

Japan’s New Law Says Stablecoins Can Only Be Issued By Registered Financiers

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The Japanese are stepping out in front of the international crowd of hungry crypto-curtailing regulators, becoming the first nation to truly clarify the legal status of stablecoins and setting a precedent for more regulations on the largely-unregulated crypto industry.

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Source: gizmodo.com