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The amended Payment Services Act, which came into effect on June 1, will allow the issuance of domestic stablecoins, bringing benefits to multinational companies.

Stablecoin to be issued within the year
With the enforcement of the revised Payment Services Act on June 1, 2023, interest in the possibility of issuing legal currency-backed stablecoins has skyrocketed.
Stablecoins are created using blockchain techno

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