Japan's Financial Regulator to Approve First Yen-Denominated Stablecoin: Report

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 a money transfer business with the FSA, paving the way for the approval of the first yen…