New York Approves Its First Publicly Available Japanese Yen Stablecoin

DIGIT — Tue, 29 Dec 2020 21:51:08 +0000

The New York State Department of Financial Services, the Bitlicense regulator, has authorized GMO to issue U.S. dollar and Japanese yen-pegged stablecoins. The latter “will be the first of its kind available to the public.” To date, the regulator has given out 27 charters and licenses for companies engaged in crypto activities. First Regulated Yen […]

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New York Approves Its First Publicly Available Japanese Yen Stablecoin