SumoPowerful
Thu Jul 18 2024
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6 answers
1714
Does Japan need a higher level of regulatory discipline for stablecoins?
Given the increasing popularity and usage of stablecoins in Japan, do experts believe that the current regulatory framework is adequate to ensure stability and safeguard investors? With the potential for misuse or abuse of stablecoins, should Japan adopt stricter measures to oversee their issuance, trading, and redemption? Are there any regulatory gaps that could be exploited by malicious actors, and if so, how can Japan address them to protect its financial system? Considering the global implications of stablecoins, should Japan collaborate with other countries to establish international standards for regulation?
