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Japan's foray into stablecoins may address financial sector competition issues

By Toko Sekiguchi
  • 03 Mar 2023 08:50
  • 03 Mar 2023 08:50
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Months away from the implementation of stablecoin legislation enacted last year, Japan is expecting several blockchain-based digital currency projects that are currently in experimental stages, to facilitate fund transfers and open the financial sector to new startups.

One advantage of switching from cash to digital currency transactions, developers say, is its independence from

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Toko Sekiguchi

Senior Correspondent, Tokyo

Toko is a senior correspondent in Tokyo covering antitrust, anti-bribery & corruption, financial services and regulatory issues in Japan. Before joining MLex, she has worked as a journalist for The Wall Street Journal, Dow Jones News, Bloomberg News and Time Magazine.

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