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A Japanese startup named JPYC, based in Tokyo, is set to issue the first yen-pegged stablecoin later this year, expected around autumn 2025.
Tom Lee's BitMine has become the world's second-biggest crypto treasury company, trailing only Michael Saylor's Strategy.
Japanese startup JPYC is set to issue the first yen-pegged stablecoin later this year. The move follows the company's recent acquisition of a necessary license.
The stablecoin, which will be called JPYC, will be fully convertible to the yen and backed by Japanese government bonds, CEO Noritaka Okabe says.
JPYC Inc. gets regulatory approval for Japan's first yen stablecoin, launching JPYC X platform with ¥10-100 trillion target ...
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This story has been updated to include comments from the Financial Services Agency of Japan Japan is set to approve the ...
The new stablecoin law called for the Treasury engagement on detecting illicit crypto activity, so the department is opening ...
BTCS is offering a one-time payment to investors who make their shares illiquid to combat short sellers. The company's shares ...
Japan is set to launch its first yen-backed stablecoin this fall, led by fintech firm JPYC to support payments and digital ...