Stablecoin Shift: Japan Eyes Approval Of Yen-Backed Token
Japan is inching towards the approval of its first yen-backed stablecoin, with regulators likely to approve it as soon as October. Related Reading: Crypto Clampdown: South Korea’s Jeju City Goes After Suspected Tax Evaders Nikkei reports that the token, named JPYC, will be issued by Tokyo fintech company JPYC and will be backed by the […]
