The post Japan Becomes the First Major Economies to Introduce a Legal Framework for Stablecoins appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
A crucial part of the crypto industry, which led to multi-billion-dollar losses from a supposedly safe asset after TerraUSD’s implosion, thus the governments around the globe are now racing to regulate the framework for stablecoins. The new law states that stablecoins must be linked to another legal tender and guarantee holders the right to redeem …