Nikkei: Japan wants a stable investment policy next year! Must be a bank or money transfer company.

The Nikkei, one of the world's largest financial instruments and the company behind the Nikkei 225 stock, said Japan was taking action to limit the number of fiat-stabilized stocks like Tether.

Japan's Financial Services Agency (FSA) is pushing for a bill to restrict the issuance of fixed coins by banks and communications companies by 2022, according to Nikkei's "Nikkei" report of the 7th. This is considered legal to protect consumers. How to reduce the risk of users using cryptocurrency.

In theory, this law in Japan would protect legal entities like Tether from setting up their local businesses. The company operates as part of a financial corporation and is managed only in the British Virgin Islands.

However, the foreign media "Cointelegraph" reported that the new law only affects investors with certain fixed benefits. In general, private equity firms are often exempt from more specialized financial research and monitoring responsibilities, which often raises the question of whether they can afford enough money to support them.

Improve financial protection and governance policies, and policy intermediaries

The Nikkei released a statement from the US Treasury Department and the Treasury Department, which is scheduled for November. As a management bank. Schools are also appropriately monitored and supervised by custodian level and holding companies.

According to the report, with the recent announcement of $ 1 billion, the total market value of USDT reached a total high of $ 75.5 billion, and USDC's announcement of the Ethereum chain continues to about $ 35.9 billion.

The FSA also said it will strengthen its financial protection, regulatory and regulatory environment, including departments and regulators involved in a stable financial system, in terms of supervision and management. At the same time, companies in this industry are required to prevent fraud transfer in accordance with Japanese law, which includes user and product identification procedures.

Finally, Japan's financial institutions plan to announce the digital currency "DCJPY" by the end of 2022, with members of major Japanese banks and around 70 other companies and organizations.

The Nikkei noted that new digital banking support packages could be launched in Japan by 2022, and its membership will include some banks in Japan and around 70 other companies and organizations.