Japan passes bill to limit stablecoin issuance to banks and trust companies

The Japanese government is rushing to enforce new stablecoin laws in the aftermath of the Terra collapse.
Source: Japan passes bill to limit stablecoin issuance to banks and trust companies (https://cointelegraph.com/news/japan-passes-bill-to-limit-stablecoin-issuance-to-banks-and-trust-companies)
Would appreciate your opinion about this