Japan became the first country to pass a bill surrounding stablecoins as major economies around the world look to introduce regulation after TerraUSD (UST) crash. Japan’s Parliament on Friday signed a stablecoin bill into law recognizing stablecoins as digital money. It allows holders the right to redeem stablecoins at face value. Moreover, the law only The post Japan Approves Stablecoins As Digital Money, But There’s A Catch appeared first on CoinGape.
