Japan's Financial Services Agency (FSA) will approve the first yen-denominated stablecoin as early as this fall, according to a Nihon Keizai Shimbun report on Sunday.Fintech company JPYC will register as…
In brief
Japan’s FSA is expected to approve JPYC's yen-backed stablecoin, making it the first regulated one in the country.
Circle’s USDC entered the Japanese market earlier this year in partnership with…