Circle-Backed Company's Yen Stablecoin Nears Official Approval In Japan: Report

Japan’s market regulator is on the verge of approving the nation’s first yen-denominated stablecoin, according to a report dated Sunday. JPYC Stablecoin On The Horizon? The Financial Services Agency is preparing to authorize the issuance of JPYC, an Ethereum (CRYPTO: ETH)-based cryptocurrency…