TOKYO -- The upper house of Japan's parliament passed a bill into law Friday to regulate stablecoins, or cryptocurrencies whose value is pegged to that of the yen, dollar or other currencies.
Cryptocurrencies
Japan adopts law to regulate stablecoins for investor protection
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Under the law that has revised the payment services law, stablecoins can be issued by licensed banks, registered money transfer agents and trust companies. © Reuters
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