🩅 Japan to begin reviewing cryptocurrency regulations in the country

đŸ”„ Plans to reduce taxes on cryptocurrency, open domestic funds in the country that will invest in tokens

The Financial Services Agency will assess in the coming months how adequate the current approach to regulating cryptocurrencies is in accordance with the Payments Act

đŸ‡ŻđŸ‡” Earlier in Japan:

😎Japanese banks to test a platform for cross-border transfers of stablecoins

😎Ripple CEO predicts demand for yen stablecoins

😎Launch of a stablecoin pegged to the yen

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