Big news from Japan about cryptocurrency! Japan is updating its laws about digital money like Bitcoin and stablecoins (digital money that's always worth the same amount). This is important because it makes things safer and clearer for people using crypto.
- Japan is letting stablecoins keep some money in government bonds, not just banks.
- They're making it so exchanges have to keep customer's crypto safe in Japan, to prevent another big crypto company from going bankrupt.
- A new type of company will help people use crypto exchanges, kind of like a middleman.
Fact | Details |
---|---|
Stablecoin Reserves | Can now include government bonds (up to 50%) |
Crypto Custody | Exchanges must keep customer crypto in Japan |
New Intermediaries | Help connect people to exchanges, but don't hold money. |