According to Reuters, Japan's ruling Liberal Democratic Party blockchain technology promotion group has submitted a proposal to the Finance Minister, suggesting the promotion of yen stablecoins for cross-border settlements in Asia and the establishment of a legal framework to allow cryptocurrency ETF trading. The proposal argues that crypto ETFs can provide investors with a more comprehensible investment channel and should be positioned as formal investment tools in financial markets. Japan plans to promote yen stablecoins and blockchain innovation at the 2027 Asian Development Bank Annual Meeting. https://(wublock123.com)/news/japan-ruling-party-proposes-yen-stablecoin-and-crypto-etf-framework-61969