\n

Under Japan's existing laws, only licensed financial institutions and trusts can issue stablecoins. The stablecoins must be pegged to an underlying currency such as the yen or US dollar.<\/p>\n\n\n\n

Under the latest Nomura partnership, users will benefit from regulatory compliance, in addition to blockchain integration and backend transactions. The service also supports firms looking to issue stablecoins in Japan.<\/p>\n","post_title":"Nomura Holdings Partners With GMO Group For Stablecoin Issuance in Japan","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nomura-holdings-partners-with-gmo-group-for-stablecoin-issuance-in-japan","to_ping":"","pinged":"","post_modified":"2024-05-29 20:14:44","post_modified_gmt":"2024-05-29 10:14:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The partnership comes when Japan has been at the forefront of enhancing<\/a> stablecoin growth in the country. The government has preferred the regulatory route, with the 2022 bill<\/a> classifying the asset class as non-securities, needing FSA registration.<\/p>\n\n\n\n

Under Japan's existing laws, only licensed financial institutions and trusts can issue stablecoins. The stablecoins must be pegged to an underlying currency such as the yen or US dollar.<\/p>\n\n\n\n

Under the latest Nomura partnership, users will benefit from regulatory compliance, in addition to blockchain integration and backend transactions. The service also supports firms looking to issue stablecoins in Japan.<\/p>\n","post_title":"Nomura Holdings Partners With GMO Group For Stablecoin Issuance in Japan","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nomura-holdings-partners-with-gmo-group-for-stablecoin-issuance-in-japan","to_ping":"","pinged":"","post_modified":"2024-05-29 20:14:44","post_modified_gmt":"2024-05-29 10:14:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

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\n

Expanding The Japanese Stablecoin Market<\/h2>\n\n\n\n

The partnership comes when Japan has been at the forefront of enhancing<\/a> stablecoin growth in the country. The government has preferred the regulatory route, with the 2022 bill<\/a> classifying the asset class as non-securities, needing FSA registration.<\/p>\n\n\n\n

Under Japan's existing laws, only licensed financial institutions and trusts can issue stablecoins. The stablecoins must be pegged to an underlying currency such as the yen or US dollar.<\/p>\n\n\n\n

Under the latest Nomura partnership, users will benefit from regulatory compliance, in addition to blockchain integration and backend transactions. The service also supports firms looking to issue stablecoins in Japan.<\/p>\n","post_title":"Nomura Holdings Partners With GMO Group For Stablecoin Issuance in Japan","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nomura-holdings-partners-with-gmo-group-for-stablecoin-issuance-in-japan","to_ping":"","pinged":"","post_modified":"2024-05-29 20:14:44","post_modified_gmt":"2024-05-29 10:14:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related: <\/em><\/strong>FTX Japan Reopens Allowing Crypto And Fiat Withdrawals For Investors<\/a><\/p>\n\n\n\n

Expanding The Japanese Stablecoin Market<\/h2>\n\n\n\n

The partnership comes when Japan has been at the forefront of enhancing<\/a> stablecoin growth in the country. The government has preferred the regulatory route, with the 2022 bill<\/a> classifying the asset class as non-securities, needing FSA registration.<\/p>\n\n\n\n

Under Japan's existing laws, only licensed financial institutions and trusts can issue stablecoins. The stablecoins must be pegged to an underlying currency such as the yen or US dollar.<\/p>\n\n\n\n

Under the latest Nomura partnership, users will benefit from regulatory compliance, in addition to blockchain integration and backend transactions. The service also supports firms looking to issue stablecoins in Japan.<\/p>\n","post_title":"Nomura Holdings Partners With GMO Group For Stablecoin Issuance in Japan","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nomura-holdings-partners-with-gmo-group-for-stablecoin-issuance-in-japan","to_ping":"","pinged":"","post_modified":"2024-05-29 20:14:44","post_modified_gmt":"2024-05-29 10:14:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\"We're excited to explore this project and the 'stablecoin-as-a-service' solution. As the digital asset landscape evolves, the development of a stablecoin for use in the Japanese market will be key to expanding the accessibility and adoption of digital assets in Japan and beyond.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>FTX Japan Reopens Allowing Crypto And Fiat Withdrawals For Investors<\/a><\/p>\n\n\n\n

Expanding The Japanese Stablecoin Market<\/h2>\n\n\n\n

The partnership comes when Japan has been at the forefront of enhancing<\/a> stablecoin growth in the country. The government has preferred the regulatory route, with the 2022 bill<\/a> classifying the asset class as non-securities, needing FSA registration.<\/p>\n\n\n\n

Under Japan's existing laws, only licensed financial institutions and trusts can issue stablecoins. The stablecoins must be pegged to an underlying currency such as the yen or US dollar.<\/p>\n\n\n\n

Under the latest Nomura partnership, users will benefit from regulatory compliance, in addition to blockchain integration and backend transactions. The service also supports firms looking to issue stablecoins in Japan.<\/p>\n","post_title":"Nomura Holdings Partners With GMO Group For Stablecoin Issuance in Japan","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nomura-holdings-partners-with-gmo-group-for-stablecoin-issuance-in-japan","to_ping":"","pinged":"","post_modified":"2024-05-29 20:14:44","post_modified_gmt":"2024-05-29 10:14:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

In a Monday announcement<\/a>, Nomura Holdings president and Group CEO Kentaro Okuda lauded the potential of stablecoins in enhancing digital access and innovation in Japan. The partnership also includes Laser Digital Holdings, a trading solutions and digital asset management enterprise for Nomura Holdings. Laser Digital's Executive Chairman commented:<\/p>\n\n\n\n

\"We're excited to explore this project and the 'stablecoin-as-a-service' solution. As the digital asset landscape evolves, the development of a stablecoin for use in the Japanese market will be key to expanding the accessibility and adoption of digital assets in Japan and beyond.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>FTX Japan Reopens Allowing Crypto And Fiat Withdrawals For Investors<\/a><\/p>\n\n\n\n

Expanding The Japanese Stablecoin Market<\/h2>\n\n\n\n

The partnership comes when Japan has been at the forefront of enhancing<\/a> stablecoin growth in the country. The government has preferred the regulatory route, with the 2022 bill<\/a> classifying the asset class as non-securities, needing FSA registration.<\/p>\n\n\n\n

Under Japan's existing laws, only licensed financial institutions and trusts can issue stablecoins. The stablecoins must be pegged to an underlying currency such as the yen or US dollar.<\/p>\n\n\n\n

Under the latest Nomura partnership, users will benefit from regulatory compliance, in addition to blockchain integration and backend transactions. The service also supports firms looking to issue stablecoins in Japan.<\/p>\n","post_title":"Nomura Holdings Partners With GMO Group For Stablecoin Issuance in Japan","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nomura-holdings-partners-with-gmo-group-for-stablecoin-issuance-in-japan","to_ping":"","pinged":"","post_modified":"2024-05-29 20:14:44","post_modified_gmt":"2024-05-29 10:14:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Banking and investment giant Nomura Holdings has teamed up with GMO Internet Group to explore the offerings of fiat-backed stablecoins<\/a> in Japan. The two companies will focus on the issuance and circulation of the Japanese yen and the US dollar-pegged stablecoins. Other areas are regulatory compliance and stablecoins-as-a-service.\u00a0<\/p>\n\n\n\n

In a Monday announcement<\/a>, Nomura Holdings president and Group CEO Kentaro Okuda lauded the potential of stablecoins in enhancing digital access and innovation in Japan. The partnership also includes Laser Digital Holdings, a trading solutions and digital asset management enterprise for Nomura Holdings. Laser Digital's Executive Chairman commented:<\/p>\n\n\n\n

\"We're excited to explore this project and the 'stablecoin-as-a-service' solution. As the digital asset landscape evolves, the development of a stablecoin for use in the Japanese market will be key to expanding the accessibility and adoption of digital assets in Japan and beyond.\"<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>FTX Japan Reopens Allowing Crypto And Fiat Withdrawals For Investors<\/a><\/p>\n\n\n\n

Expanding The Japanese Stablecoin Market<\/h2>\n\n\n\n

The partnership comes when Japan has been at the forefront of enhancing<\/a> stablecoin growth in the country. The government has preferred the regulatory route, with the 2022 bill<\/a> classifying the asset class as non-securities, needing FSA registration.<\/p>\n\n\n\n

Under Japan's existing laws, only licensed financial institutions and trusts can issue stablecoins. The stablecoins must be pegged to an underlying currency such as the yen or US dollar.<\/p>\n\n\n\n

Under the latest Nomura partnership, users will benefit from regulatory compliance, in addition to blockchain integration and backend transactions. The service also supports firms looking to issue stablecoins in Japan.<\/p>\n","post_title":"Nomura Holdings Partners With GMO Group For Stablecoin Issuance in Japan","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nomura-holdings-partners-with-gmo-group-for-stablecoin-issuance-in-japan","to_ping":"","pinged":"","post_modified":"2024-05-29 20:14:44","post_modified_gmt":"2024-05-29 10:14:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
  • Japan has favored the regulatory route in stablecoin exploration.<\/li>\n<\/ul>\n\n\n\n

    Banking and investment giant Nomura Holdings has teamed up with GMO Internet Group to explore the offerings of fiat-backed stablecoins<\/a> in Japan. The two companies will focus on the issuance and circulation of the Japanese yen and the US dollar-pegged stablecoins. Other areas are regulatory compliance and stablecoins-as-a-service.\u00a0<\/p>\n\n\n\n

    In a Monday announcement<\/a>, Nomura Holdings president and Group CEO Kentaro Okuda lauded the potential of stablecoins in enhancing digital access and innovation in Japan. The partnership also includes Laser Digital Holdings, a trading solutions and digital asset management enterprise for Nomura Holdings. Laser Digital's Executive Chairman commented:<\/p>\n\n\n\n

    \"We're excited to explore this project and the 'stablecoin-as-a-service' solution. As the digital asset landscape evolves, the development of a stablecoin for use in the Japanese market will be key to expanding the accessibility and adoption of digital assets in Japan and beyond.\"<\/em><\/p>\n\n\n\n

    See Related: <\/em><\/strong>FTX Japan Reopens Allowing Crypto And Fiat Withdrawals For Investors<\/a><\/p>\n\n\n\n

    Expanding The Japanese Stablecoin Market<\/h2>\n\n\n\n

    The partnership comes when Japan has been at the forefront of enhancing<\/a> stablecoin growth in the country. The government has preferred the regulatory route, with the 2022 bill<\/a> classifying the asset class as non-securities, needing FSA registration.<\/p>\n\n\n\n

    Under Japan's existing laws, only licensed financial institutions and trusts can issue stablecoins. The stablecoins must be pegged to an underlying currency such as the yen or US dollar.<\/p>\n\n\n\n

    Under the latest Nomura partnership, users will benefit from regulatory compliance, in addition to blockchain integration and backend transactions. The service also supports firms looking to issue stablecoins in Japan.<\/p>\n","post_title":"Nomura Holdings Partners With GMO Group For Stablecoin Issuance in Japan","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nomura-holdings-partners-with-gmo-group-for-stablecoin-issuance-in-japan","to_ping":"","pinged":"","post_modified":"2024-05-29 20:14:44","post_modified_gmt":"2024-05-29 10:14:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • The stablecoin exploration is expected to increase the uptake of digital assets in Japan.<\/li>\n\n\n\n
  • Japan has favored the regulatory route in stablecoin exploration.<\/li>\n<\/ul>\n\n\n\n

    Banking and investment giant Nomura Holdings has teamed up with GMO Internet Group to explore the offerings of fiat-backed stablecoins<\/a> in Japan. The two companies will focus on the issuance and circulation of the Japanese yen and the US dollar-pegged stablecoins. Other areas are regulatory compliance and stablecoins-as-a-service.\u00a0<\/p>\n\n\n\n

    In a Monday announcement<\/a>, Nomura Holdings president and Group CEO Kentaro Okuda lauded the potential of stablecoins in enhancing digital access and innovation in Japan. The partnership also includes Laser Digital Holdings, a trading solutions and digital asset management enterprise for Nomura Holdings. Laser Digital's Executive Chairman commented:<\/p>\n\n\n\n

    \"We're excited to explore this project and the 'stablecoin-as-a-service' solution. As the digital asset landscape evolves, the development of a stablecoin for use in the Japanese market will be key to expanding the accessibility and adoption of digital assets in Japan and beyond.\"<\/em><\/p>\n\n\n\n

    See Related: <\/em><\/strong>FTX Japan Reopens Allowing Crypto And Fiat Withdrawals For Investors<\/a><\/p>\n\n\n\n

    Expanding The Japanese Stablecoin Market<\/h2>\n\n\n\n

    The partnership comes when Japan has been at the forefront of enhancing<\/a> stablecoin growth in the country. The government has preferred the regulatory route, with the 2022 bill<\/a> classifying the asset class as non-securities, needing FSA registration.<\/p>\n\n\n\n

    Under Japan's existing laws, only licensed financial institutions and trusts can issue stablecoins. The stablecoins must be pegged to an underlying currency such as the yen or US dollar.<\/p>\n\n\n\n

    Under the latest Nomura partnership, users will benefit from regulatory compliance, in addition to blockchain integration and backend transactions. The service also supports firms looking to issue stablecoins in Japan.<\/p>\n","post_title":"Nomura Holdings Partners With GMO Group For Stablecoin Issuance in Japan","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nomura-holdings-partners-with-gmo-group-for-stablecoin-issuance-in-japan","to_ping":"","pinged":"","post_modified":"2024-05-29 20:14:44","post_modified_gmt":"2024-05-29 10:14:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
      \n
    • The stablecoin exploration is expected to increase the uptake of digital assets in Japan.<\/li>\n\n\n\n
    • Japan has favored the regulatory route in stablecoin exploration.<\/li>\n<\/ul>\n\n\n\n

      Banking and investment giant Nomura Holdings has teamed up with GMO Internet Group to explore the offerings of fiat-backed stablecoins<\/a> in Japan. The two companies will focus on the issuance and circulation of the Japanese yen and the US dollar-pegged stablecoins. Other areas are regulatory compliance and stablecoins-as-a-service.\u00a0<\/p>\n\n\n\n

      In a Monday announcement<\/a>, Nomura Holdings president and Group CEO Kentaro Okuda lauded the potential of stablecoins in enhancing digital access and innovation in Japan. The partnership also includes Laser Digital Holdings, a trading solutions and digital asset management enterprise for Nomura Holdings. Laser Digital's Executive Chairman commented:<\/p>\n\n\n\n

      \"We're excited to explore this project and the 'stablecoin-as-a-service' solution. As the digital asset landscape evolves, the development of a stablecoin for use in the Japanese market will be key to expanding the accessibility and adoption of digital assets in Japan and beyond.\"<\/em><\/p>\n\n\n\n

      See Related: <\/em><\/strong>FTX Japan Reopens Allowing Crypto And Fiat Withdrawals For Investors<\/a><\/p>\n\n\n\n

      Expanding The Japanese Stablecoin Market<\/h2>\n\n\n\n

      The partnership comes when Japan has been at the forefront of enhancing<\/a> stablecoin growth in the country. The government has preferred the regulatory route, with the 2022 bill<\/a> classifying the asset class as non-securities, needing FSA registration.<\/p>\n\n\n\n

      Under Japan's existing laws, only licensed financial institutions and trusts can issue stablecoins. The stablecoins must be pegged to an underlying currency such as the yen or US dollar.<\/p>\n\n\n\n

      Under the latest Nomura partnership, users will benefit from regulatory compliance, in addition to blockchain integration and backend transactions. The service also supports firms looking to issue stablecoins in Japan.<\/p>\n","post_title":"Nomura Holdings Partners With GMO Group For Stablecoin Issuance in Japan","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"nomura-holdings-partners-with-gmo-group-for-stablecoin-issuance-in-japan","to_ping":"","pinged":"","post_modified":"2024-05-29 20:14:44","post_modified_gmt":"2024-05-29 10:14:44","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17131","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

      Most Read

      Subscribe To Our Newsletter

      By subscribing, you agree with our privacy and terms.

      Follow The Distributed

      ADVERTISEMENT

      Nomura Holdings

      Most Read

      Subscribe To Our Newsletter

      By subscribing, you agree with our privacy and terms.

      Follow The Distributed

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