Japan’s new stablecoin regulations to take effect in June

In Japan, the Financial Services Agency (FSA) is set to lift the ban on the domestic distribution of foreign-issued stablecoins in 2023. This will be part of a proposed cabinet order and cabinet office ordinances amending the Payment Services Act for 2022.

This article has been originally published at: https://www.cryptopolitan.com/japans-new-stablecoin-regulations-to-take-effect-in-june%ef%bf%bc/