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Bitcoin.com News|Feb 21, 2025 08:33
🇯🇵 The Financial Services Agency (FSA) has approved new measures to enhance stablecoin collateral management, making it more flexible and user-friendly!
This move aims to protect Japanese users during bankruptcy proceedings of foreign crypto exchanges and allows stablecoins to be backed by short-term government bonds and fixed-term deposits. 📈🔒
Finance Minister Katsunobu Kato emphasizes the goal of creating a safe and convenient environment for digital asset users.
With these changes, stablecoin issuers can boost profitability and liquidity while ensuring user protection. What are your thoughts on this regulatory shift? Let’s discuss!
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