Today news
About the same in other media
Japan’s FSA to introduce new legislation on stablecoin issuers in 2022
Reading now: 769
Stablecoins have thrived in unregulated shadows, with tokens in circulation now worth more than $127 billion. Today, these are widely being used for transactions that resemble traditional financial products. For example, bank savings accounts, but perhaps without offering the same level of consumer protection.
Now, it is worth noting that scrutiny has been ratcheting up as stablecoins surge in popularity.
First, it was the United States to share concerns over stablecoins such as Tether. But now, unease seems to be emerging from Japan.
<p lang=«en» dir=«ltr» xml:lang=«en»>*STABLECOINS TO FACE NEW RESTRICTIONS IN JAPAN, NIKKEI SAYShttps://t.co/ePFC78efJv— *Walter Bloomberg (@DeItaone) December 6, 2021
Japan’s top banking regulator will introduce
Read more on ambcrypto.comAbout this in other media
Japan’s SBI announces launch of crypto fund with Bitcoin, Ethereum, 5 more alts ambcrypto.com /3 years ago
SBI Subsidiary ‘to Launch Japan’s First Bitcoin, Altcoin Fund’ for Individual Investors cryptonews.com /3 years ago
Cryptocurrency wealth is creating a new generation of luxury consumers in the US, Jefferies says markets.businessinsider.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
