MUFG kuwezesha benki ya Kijapani kuungwa mkono imara kupitia jukwaa la Progmat Coin
(MUFG to facilitate Japanese bank backed stablecoins via Progmat Coin platform)
Published: 2023-06-03
1. Stablecoins nchini Japan MUFG, benki kubwa zaidi ya Japan, ni kuweka kuzindua jukwaa ambalo litawezesha utoaji wa stablecoins zinazoungwa mkono na benki za Kijapani. Hizi stablecoins ni nia ya kuwa pegged kwa yen Kijapani, kwa lengo la kupunguza tete kawaida kuhusishwa na cryptocurrencies. Jukwaa hilo, linaloitwa "Progmat", linatarajiwa kuzinduliwa mnamo 2020 na litapatikana kwa matumizi na taasisi za kifedha zinazofanya kazi nchini Japan..
2. Uwezekano wa Kuenea kwa Stablecoin Pamoja na foray ya MUFG katika stablecoins, wengine hukisia kuwa benki zingine za Kijapani zinaweza kufuata suti. Ikiwa hii itatokea, inaweza kupanua sana kesi ya matumizi ya stablecoins nchini Japan na uwezekano wa kufungua njia ya kupitishwa kwa pesa za sarafu kwa ujumla. Zaidi ya hayo, stablecoins inaweza kupunguza vikwazo vya kuingia kwa wachezaji wapya katika nafasi ya fintech, kwani hutoa njia kwa taasisi za kifedha kuingia nafasi bila kuhitaji kuunda miundombinu mpya kabisa.
3. Utiifu wa Udhibiti Ni lazima ieleweke kwamba wakati stablecoins inaweza kuwa na faida uwezo, pia kuna wasiwasi kuhusu kufuata udhibiti. Kama ilivyo kwa sarafu zote za sarafu, stablecoins inakabiliwa na mazingira magumu ya udhibiti, na kanuni tofauti ulimwenguni kulingana na kesi za matumizi na mamlaka. Kwa hivyo, kuunganisha sarafu hizi katika mifumo ya jadi ya kifedha inahitaji njia ya usawa ili kuhakikisha kuwa viwango vya kufuata vinatimizwa. MUFG imesema kuwa itafanya kazi kwa karibu na wadhibiti ili kuhakikisha kuwa jukwaa lake na thabiti zinatii kikamilifu serikali za udhibiti zinazotumika.. .
1. Stablecoins in Japan MUFG,Japan's largest bank,is set to launch a platform that will facilitate the issuance of stablecoins backed by Japanese banks. These stablecoins are intended to be pegged to the Japanese yen,with the aim of reducing the volatility commonly associated with cryptocurrencies. The platform,called "Progmat",is expected to launch in 2020 and will be available for use by financial institutions operating in Japan.
2. Potential for Stablecoin Proliferation With MUFG's foray into stablecoins,some speculate that other Japanese banks may follow suit. If this happens,it could greatly expand the use case for stablecoins in Japan and potentially pave the way for broader adoption of cryptocurrencies as a whole. Furthermore,stablecoins could potentially reduce the barriers to entry for new players in the fintech space,as they provide a way for financial institutions to enter the space without needing to create entirely new infrastructure.
3. Regulatory Compliance It should be noted that while stablecoins may have potential benefits,there are also concerns around regulatory compliance. As with all cryptocurrencies,stablecoins face a complex regulatory environment,with differing regulations globally depending on use cases and jurisdiction. As such,integrating these coins into traditional financial systems requires a nuanced approach to ensure that compliance standards are met. MUFG has stated that it will be working closely with regulators to ensure that its platform and stablecoins are fully compliant with applicable regulatory regimes.
Reference:
cointelegraph.com