<ul><li>Japan is proposing a bill to amend the Payment Services Act to liberalize regulations for stablecoins and crypto brokerages.</li><li>The bill aims to offer more flexibility for stablecoin issuers by allowing them to use government bonds as security.</li><li>The bill also introduces a separate regulatory regime for crypto brokerages, subjecting them to different obligations than crypto exchanges.</li><li>The bill has been endorsed by Japan's Cabinet and will proceed to the National Diet for discussion and voting.</li></ul>

Will Japan’s Crypto Reform Bill Change the Market?

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