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 curr

[Techmeme]

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 …