Japan’s FSA to Approve First Yen-Denominated Stablecoin, JPYC, This Autumn

Japan’s Financial Services Agency (FSA) is set to approve the issuance of the country’s first yen-denominated stablecoin, JPYC, this autumn, with the fintech firm JPYC based in Chiyoda, Tokyo, expected to be registered as a funds transfer service by the end of August. The stablecoin will be pegged at 1 JPYC = 1 JPY and […]