IIJ intends to use the tokens for settlement of clean energy certificates. The launch of DCJPY will be organized with the support of the technology team of the DeCurret cryptocurrency exchange, which will provide its own blockchain network for conducting transactions.
The nominal value of the new environmental tokens will be pegged to the Japanese yen exchange rate. However, unlike traditional stablecoins, DCJPY will be backed by bank deposits, the developers promise.
Previously, the Japan Financial Services Agency (FSA) proposed amendments to the tax system for crypto companies for 2024, which would exempt from paying tax on unrealized profits.
Source: Bits
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