Japan’s FSA: A Comedy of Stablecoins and Consultations
In a bold maneuver worthy of a theatrical production, Japan’s Financial Services Agency (FSA) has flung open the doors to public consultation concerning draft rules for stablecoin reserve assets under the grand 2025 payments law overhaul. This initiative aims to illuminate the murky waters surrounding trust-structured stablecoins while, of course, attempting to shield investors from the stormy seas of financial mishaps. The aim? To delineate how assets must be managed amidst the domestic and foreign stablecoin chaos.



