Crypto

Japan’s Ruling Party Pushes On-Chain Finance Plan to Protect Yen

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In brief

  • Japan’s ruling LDP party has put forward a proposal framing on-chain finance as a way to protect yen sovereignty.
  • It seeks clearer rules for payroll, taxes, bank-issued stablecoins, and tokenized deposit settlement.
  • Japan has the banks, capital and regulatory trust to compete, but…

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