Japanese Financial Services Agency Draft: Yen stablecoin collateralized foreign debt must have a rating of 1-2, with the issuing entity’s debt scale ≥ 100 trillion yen (approximately $6.5 trillion). Consultation period until February 27, 2026, to strengthen regulation of banks' crypto businesses. #Stablecoin
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Japanese Financial Services Agency Draft: Yen stablecoin collateralized foreign debt must have a rating of 1-2, with the issuing entity’s debt scale ≥ 100 trillion yen (approximately $6.5 trillion). Consultation period until February 27, 2026, to strengthen regulation of banks' crypto businesses. #Stablecoin