Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Japan's First Stablecoin Issuer Licensed, Paving the Way for a Compliant Yen-Backed Stablecoin

Japan's First Stablecoin Issuer Licensed, Paving the Way for a Compliant Yen-Backed Stablecoin

金色财经金色财经2025/08/18 20:02
Show original

According to a report by Jinse Finance, Ledger Insights has revealed that Japanese stablecoin issuer JPYC has become the first company in Japan to obtain a “Funds Transfer Service Provider” license. This marks the first time such a license has been granted to a digital currency issuer. Previously, Nikkei News reported that JPYC was expected to receive approval this month and may launch a compliant yen stablecoin in October.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!