Japan to lift the ban on foreign stablecoins like USDT in 2023: Report

Japan to lift the ban on foreign stablecoins like USDT in 2023: Report

Source: Cointelegraph Japanese regulators are reconsidering some major cryptocurrency restrictions related to the use of stablecoins like Tether or USD Coin. The Financial Services Agency (FSA) of Japan will lift the ban on the domestic distribution of foreign-issued stablecoins in 2023, local news agency Nikkei reported on Dec. 26. The new stablecoin regulations in Japan will allow local […]

Bank of Japan to Run CBDC Experiments With Country’s Megabanks: Report

Bank of Japan to Run CBDC Experiments With Country's Megabanks: Report

Source: Coindesk The Bank of Japan (BoJ) has planned experiments on a digital yen with three megabanks and regional banks in the country, Nikkei reported on Wednesday. Starting in the spring of 2023, the BoJ will work with private banks and other organizations to identify any problems with deposits and withdrawals, and check that a central bank […]

Submit your feedback

Claim a FREE Subscription

Receive our monthly newsletter, PLUS invitations to our webinars and events.