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Following New FSA Stablecoin Rules, Japan’s Banks Plan Yen Pegged Tokens

https://www.financemagnates.com/cryptocurrency/following-new-fsa-stablecoin-rules-japans-banks-plan-yen-pegged-tokens/
Japan’s three largest banks – Mitsubishi UFJ Financial
Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group – are
planning to jointly issue stablecoins, according to a report by the Nikkei
business daily on Friday (today).Japan has been taking structured steps to regulate and
expand the use of stablecoins…

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