Stablecoin adoption grows with new US bills, Japan’s open approach
Stablecoin adoption is growing with new laws and relaxing regulations, but concerns about some projects’ reserves remain, and ...
SMBC, Ava Labs, Fireblocks sign MoU for stablecoin framework in Japan
Several firms, including Ava Labs and Fireblocks signed a collaborative agreement to explore the commercial application of ...
Coinspeaker3d
Japanese Banking Giant SMBC Eyes Stablecoin Launch with Ava Labs
SMBC is partnering with Ava Labs and Fireblocks to launch a stablecoin, enhancing cross-border payments, as Japan leads in stablecoin regulations.
CoinDesk3d
Japanese Banking Giant SMBC Explores Stablecoin Use With Ava Labs, Fireblocks
The Japanese banking giant is the latest example of a roster of firms eyeing the booming stablecoin market, which has grown some 50% to around $230 billion in a year.
Crypto Assets May Gain Legal Status in Japan as Regulators Aim to Tackle Insider Trading: Report
In 2024, a Chainalysis report had claimed that crypto-based money laundering and scam trends have grown in Japan. Last year's ...
CoinDesk5d
Japan Mulls Reclassifying Crypto as a ‘Financial Product’ to Curb Insider Trading: Report
Cryptocurrencies are currently categorized as a "means of settlement" under the Payment Services Act, a designation that has ...
Japan's financial watchdog set to relabel crypto assets as financial products
Japan's financial regulator is reportedly set to propose new legislation that would reclassify crypto assets like bitcoin ...