Financial Crime Financial Crime

Stablecoins to come under Japanese regulatory scrutiny with legislative changes to follow

By Toko Sekiguchi
  • 28 Dec 2021 02:50
  • 28 Dec 2021 02:50
Japan’s financial services regulator is tightening its reins on stablecoins, the fiat-money backed blockchain currency that is quickly gaining global attention with its widespread use, as governments struggle to balance innovation, anti-crime compliance and consumer protection.

An expert panel convened in October under the Financial Services Agency, or FSA, today compiled a report

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