Yen Stablecoin on Deck: Monex Gears Up in Japan as European Deal Looms

TLDR: Monex is considering a yen-pegged stablecoin backed by Japanese government bonds for remittances and payments. The Financial Services Agency recently approved JPYC as Japan’s first regulated stablecoin issuer. Monex is finalizing talks to acquire a European blockchain firm, with an announcement expected soon. The company aims to leverage Coincheck’s customer base while expanding its [...]

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