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web3 news: How Japan's regulatory moves in Web3 can be an example for nations globally

Japans largest bank Mitsubishi UFJ Financial Group has also announced the launch of Yen-pegged stablecoins for settlement of securities, taking wholesale digital asset payments to a new paradigm. Last year, it released a legal framework for stablecoins too.
Financial Action Task Mitsubishi Ufj Financial Group Virtual Digital Assets Fiscal Management Financial Action Task Force

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