[2025-08-18] The latest IT, economic, blockchain and coin news
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2025-08-18 | Curator: CryptoTerminal
JPYC Expects to Secure Approval for Japan's First Regulated Yen-Backed Stablecoin
Japanese fintech firm JPYC is expected to receive regulatory approval from the Financial Services Agency (FSA) for its yen-backed stablecoin later this year, making it the first officially recognized issuance of its kind in Japan. The company has already been operating a version of the token—also named JPYC—but will now bring it under the country’s stablecoin framework, with broader sales to individuals, corporations and institutional investors expected to begin once its registration as a money...