Tag: Japan's Financial Services Agency (FSA)
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Japan to lift ban on foreign stablecoins like USDT in 2023
Japanese regulators are reviewing some key cryptocurrency restrictions related to the use of stablecoins such as Tether USDT. Japan’s Financial Services Agency (FSA) will lift the ban on domestic distribution of overseas-issued stablecoins in 2023, local news agency Nikkei reported on Dec. 26. New stablecoin regulations in Japan will allow local exchanges to handle stablecoin…