Japan's Financial Services Agency (FSA) is set to approve the country's first yen-denominated stablecoin, JPYC, with a launch expected as early as this fall. This development marks a significant step in Japan's digital currency landscape, providing a regulated stablecoin option for users. In the United States, the Treasury Department is considering implementing digital ID checks for DeFi smart contracts to combat illicit financial activities. This move aims to enhance security and compliance within the decentralized finance sector. Meanwhile, SharpLink's shares fell 12% following a $103 million loss in Q2, attributed mainly to accounting rules that reduced the paper value of its $3.5 billion Ethereum holdings. Additionally, Thailand is set to launch "TouristDigiPay" on August 18, enabling tourists to convert cryptocurrencies to baht for payments, further integrating digital currencies into the tourism sector.