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SBI’s crypto arm to support USDC as Japan softens stablecoin rules

Coin Telegraph LogoCoin Telegraph17h ago

SBI’s crypto arm to support USDC as Japan softens stablecoin rules - Coin Telegraph

Quick Summary:

Following registration, SBI VC Trade expects to launch its first USDC stablecoin transactions for selected users on March 12.

SBI VC Trade’s news marks a significant development of stablecoin regulations in Japan after the country reportedly lifted the ban on foreign stablecoins in 2023.

Financial Services Agency Commissioner Hideki Ito at the Japan Fintech Week.“Stablecoins are used soundly for the sophistication of remittance and settlement.

or

Article Details

Author / Journalist: Cointelegraph by Helen Partz

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-04 @ 08:11:05 (17 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 26663696

View Article Analysis

About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 153 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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The story "SBI’s crypto arm to support USDC as Japan softens stablecoin rules" has 477 words across 19 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "SBI’s crypto arm to support USDC as Japan softens stablecoin rules" was covered 17 hours ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 153 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://beamstart.com/news/sbis-crypto-arm-to-support-17410996299644

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