Ukrainian bank Tascombank uses Stellar to test electronic hryvnia
One of Ukraine’s oldest commercial banks, Tascombank, has initiated a trial initiative to issue an electronic hryvnia on Stellar. The project is being carried out with the support of the Ministry of Digital Transformation and under the supervision of the National Bank of Ukraine . Oleksandr Bornyakov, Ukraine’s Deputy Minister of Digital Transformation, stated, “This […]
Japan’s Financial regulator to propose restriction of stablecoins
According to Nikkei Asia, Japan is considering new regulations that will enable only banks and wire transfer firms to create stablecoins. The Financial Services Agency (FSA), Japan’s primary financial regulator, is apparently considering legislation that would limit stablecoin supply to banks and wire transfer providers. Crypto service providers engaging in stablecoin transactions, such as wallets, […]