Source: Japan’s FSA to propose legislation that would let only banks and wire transfer services issue stablecoins as it plans a yen-based digital currency (Nikkei Asia)

Nikkei Asia:
Source: Japan’s FSA to propose legislation that would let only banks and wire transfer services issue stablecoins as it plans a yen-based digital currency  —  Only banks, wire transfer companies would issue currency-backed coins like Tether  —  Stablecoins are linked to such assets …