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How Japan Is Leading the Race to Regulate Stablecoins

Japan’s new law tries to address one of the biggest fears about major stablecoins: Do issuers really have the assets to back them?

Vintage Japanese banknotes (Dennis Elzinga/Wikimedia Commons, modified by CoinDesk)
Vintage Japanese banknotes (Dennis Elzinga/Wikimedia Commons, modified by CoinDesk)