Japan Opens Comment Period on Bonds for Backing Stablecoins
TL;DR Japan’s FSA proposes strict rules requiring stablecoins to be backed by high-quality bonds like government debt. A public comment period on the draft regulations is
Japanese Government Bonds (Latest Publications)
JPYC and Other Stablecoin Firms Seen as Future Buyers of Japanese Government Bonds
JPYC, Japan’s first yen stablecoin issuer, stated its reserves could become a relevant buyer of Japanese Government Bonds. CEO Noritaka Okabe made this announcement after beginning
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