Regulation· ★★★★· bullish·

Japan: First Digital Bond Settled in JPYSC Stablecoin; FSA Publishes Unregistered Crypto Firms List

  • —Startale Japan is issuing a ¥99.9 million digital bond with payments in JPYSC
  • —Japan's FSA added IZAKA-YA and Bybit's operating company to its unregistered operator warning list
  • —Japan's Finance Ministry launched a study on tokenizing government bonds
  • —CFTC and SEC said BTC, ETH and XRP are generally not securities
Why it matters: Japan is testing stablecoin-linked government and corporate debt, while the joint CFTC-SEC stance reduces regulatory uncertainty for major crypto assets.
#BTC#ETH#XRP
Source: CoinDesk Japan
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