ChainCatcher News, according to The Block, the Financial Services Agency (FSA) of Japan has opened a public consultation period to solicit opinions on draft rules regarding the eligible bond types for stablecoin collateral, with a deadline of February 27, 2026.
This move aims to implement the 2025 Payment Services Act by defining the “specific trust beneficial interests” held by issuers’ reserves. The FSA stated that the final standards will specify the asset composition of all regulated, JPY-pegged stablecoins issued within the jurisdiction.
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