📣 News Flash! Nomura Holdings and GMO Internet Group are jo

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📣 News Flash! Nomura Holdings and GMO Internet Group are joining forces to issue JPY and USD stablecoins in Japan. 🇯🇵💱 This comes after Japan's government passed legislation in 2022 to establish a clear regulatory framework for stablecoins. The partnership aims to explore the issuance, redemption, and circulation mechanisms of a JPY/USD stablecoin business. This could be a game-changer for digital asset accessibility and innovation in Japan's financial landscape. Remember TerraUSD's dramatic collapse? 😱 Japan's Financial Services Agency prefers stablecoins backed by actual fiat reserves to avoid such disasters. What are your thoughts on this development? Let's chat in the comments! 💬 #CryptoNews #StablecoinsInJapan

📣 News Flash! Nomura Holdings and GMO Internet Group are joining forces to issue JPY and USD stablecoins in Japan. 🇯🇵💱 This comes after Japan's government passed legislation in 2022 to establish a clear regulatory framework for stablecoins. 
The partnership aims to explore the issuance, redemption, and circulation mechanisms of a JPY/USD stablecoin business. This could be a game-changer for digital asset accessibility and innovation in Japan's financial landscape. 
Remember TerraUSD's dramatic collapse? 😱 Japan's Financial Services Agency prefers stablecoins backed by actual fiat reserves to avoid such disasters. 
What are your thoughts on this development? Let's chat in the comments! 💬 #CryptoNews #StablecoinsInJapan

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