What June 1 changed for Asia’s stablecoin rails

Asia’s stablecoin map has shifted because Japan, Hong Kong and Singapore have each moved stablecoins into regulated payment infrastructure through separate legal routes. Japan made the latest move on June 1, when new Financial Services Agency rules gave certain foreign trust-type stablecoins a clearer route to recognition as electronic payment instruments. The same day, the [] The post What June 1 changed for Asia’s stablecoin rails appeared first on e27 .