Japan’s ruling party proposes establishing a legal framework for cryptocurrency ETF trading and promotes the use of yen-pegged stablecoins.
Source：
www.coindesk.com
According to CoinDesk, Japan’s ruling Liberal Democratic Party (LDP) has proposed establishing a legal framework for cryptocurrency ETF trading and promoting the use of yen-pegged stablecoins. A blockchain technology promotion group within the party has submitted the related proposal to Finance Minister Satsuki Katayama. The proposal states that cryptocurrency ETFs could offer investors a more accessible and understandable investment option.
