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Japan Regulator to Support Country’s 3 Largest Banks in Stablecoin Issuance

Japan Regulator to Support Country’s 3 Largest Banks in Stablecoin Issuance

2025-11-07

Japan’s financial regulator, FSA, said the venture will see MUFG, SMBC and Mizuho explore the joint issuance of a stablecoin as an electronic payment instrument.

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