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Japan LDP Panel Urges Yen Stablecoin Framework and Crypto ETF Trading

2026-06-02 01:21:53

Abstract generation in progress

Japan's Liberal Democratic Party blockchain committee submitted a proposal urging a regulatory framework for yen-based stablecoins and cryptocurrency ETF trading. The committee suggested promoting a yen stablecoin at the Asian Development Bank's annual meeting in May 2027. Authorities remain concerned that stablecoins could disrupt the traditional financial system.

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