Founder of Secured Finance: Japanese regulators will not introduce any mandatory regulations like the US SEC | RockTree OG Talk
2023-07-09 07:14
Odaily News - In an online live broadcast of the "RockTree OG Talk Series," Masa Kikuchi, the Founder and CEO of Secured Finance, stated that the regulatory differences between the United States and Japan lie in the fact that the Japanese regulators do not introduce any mandatory regulations like the U.S. SEC. Instead, they have the motivation to promote legislation that encourages the development of Web3.0. On the other hand, although the U.S. regulatory authorities are powerful themselves, they cannot directly promote or legislate, which is the difference between the two. Specifically, the Japanese legislative authorities are set to introduce a bill that encourages the use of virtual currencies for interbank transactions, and different banks have already formed a banking consortium to launch a stablecoin pegged to the Japanese yen, signaling a positive development. He further added that the emergence of the stablecoin pegged to the Japanese yen can greatly stimulate Japan's domestic economic development. In the future, transactions and settlements can be conducted using the stablecoin, playing a key role in the global financial market. For Secured Finance, they also aim to connect the real economy and real currency using cryptocurrencies, with the Japanese stablecoin being an important service target. It is worth noting that the "RockTree OG Talk Series" online live broadcast is jointly organized by RockTree Capital, a top Web3.0 investment fund, and Odaily. In this episode, guests from institutions such as Baker & McKenzie and Secured Finance AG were invited to discuss cryptocurrencies under global regulation. This episode of the OG Talk Series aims to break information barriers and provide comprehensive insights into SEC regulation.
最热快讯
资讯热榜
日榜
周榜
Hyperliquid’s 50x leveraged BTC short position turned from loss to profit, with a floating profit of over $600,000
James Wynn wrote a long article about himself: He started playing with contracts in March, earned 8-digit profits from Meme coins, and lost 100 million in a week
BTC rebounded and broke through 102,000 USDT, and the 24-hour decline narrowed to 2.87%
SlowMist: Lazarus hackers are using a new stealing Trojan, OtterCookie, to target cryptographic practitioners
Abraxas Capital shorts mainstream currencies for hedging, with current floating profits exceeding $55 million
TRUMP wallet official website linked to account X for the second time