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Yen Stablecoin Movement Surges - Will Japan Keep Up with Global Crypto Race?

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Major Japanese financial player Monex Group is ready to make a splash to drive Japanese crypto engagement forward. As the country’s Financial Services Agency clarifies crypto regulations and works toward stablecoin approval next year, Monex’s Chairman, Oki Matsumoto, emphasizes the financial giant’s need to launch a stablecoin anchored to the Japanese yen, a decision that could position Monex at the forefront of Japan's rapidly maturing crypto market.

With regulatory tides shifting around the world, stablecoin growth exploding, and Gemini’s recent addition of ETH and SOL staking across the UK, Japan remains committed to not falling behind in the global race toward financial and crypto advancement.

Let's dive in!

  • Monex Group considers a yen-pegged stablecoin and nears a European crypto firm acquisition, Matsumoto says. — Read More

  • Gemini enables ether and solana staking for UK users, extending its crypto services. — Read More

  • Senator Mark Warner's reservations may jeopardize legal protections for crypto developers in the new U.S. crypto market structure bill. — Read More

  • Google supports TeraWulf's multi-billion dollar HPC initiative, setting a new precedent for hyperscaler deals. — Read More

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