Tagged: jpyc

Japan’s Stablecoin focused Firm JPYC Secures Additional Series B Funding

Tokyo-based JPYC Inc., the issuer of Japan’s regulated yen-pegged stablecoin, has completed an extension of its Series B funding round, bringing the cumulative total raised in the series to roughly 6 billion yen (about $38 million). The company disclosed the development in an official announcement,… Read More

South Korea Fast-Tracks Stablecoin Law Debate

South Korea’s push to tighten rules for virtual assets is moving into a second legislative phase focused on stablecoins, as policymakers and financial firms step up discussions on how won-linked tokens could be issued and used, according to organisers of an industry forum. The second… Read More

Japanese Fintech JPYC Introduces Yen Denominated Stablecoin

Japanese fintech JPYC Inc. recently revealed that it has introduced the nation’s legally recognized yen-denominated stablecoin, called JPYC (with trading starting this Monday). JPYC Inc. stated that it began offering the JPYC token this Monday along with introducing its issuance and redemption service, JPYC EX…. Read More

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