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Minister Ibayashi: Government to Consider Stablecoins for Tax-Free Purchases by Foreign Visitors

  • Minister Tatsunori Ibayashi made the remarks on October 21 during his policy address to the House of Representatives Committee on Land, Infrastructure and Transport.
  • The proposal targets the consumption-tax exemption (duty-free) system used by inbound foreign tourists.
  • The ministry will study how stablecoins could be applied within this tax-free framework for visitors to Japan.

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