Japan, which heeded lessons learned from a previous crisis and put consumer protections in place, has incorporated Web3 into its national economic plan. Additionally, in June this year, the Japanese Financial Services Agency (FSA) amended the Payment Services Act (PSA). The agencies wanted to update the country’s regulatory framework for stablecoins and crypto assets. This amendment revised the definition of crypto assets, included new guidelines for crypto asset exchanges, banking and travel rules, as well as a new framework for stablecoin issuers.
Related posts
-
Is Rollblock the crypto to lead the 2025 bull run? XRP & SOL
Disclosure: This article does not represent investment advice. The content and materials featured on this page... -
Crypto Veteran Says Decentralized AI Reduces Bias and Manipulation Risks
Albert Castellana, co-founder and CEO of Yeager.ai, believes artificial... -
Could new crypto Rollblock 100x Like Shiba Inu and Dogecoin?
Disclosure: This article does not represent investment advice. The content and materials featured on this page...