Friday, June 3, 2022

Japan Adopts Legislation Establishing Legal Framework for Stablecoins

The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collapse of the algorithmic stablecoin terrausd. Lawmakers in Japan have passed a bill designed to determine the legal status of stablecoins. The authors […] The post Japan Adopts Legislation Establishing Legal Framework for Stablecoins first appeared on PR Business News Wire.
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