New York licenses GMO Internet to issue the first JPY-pegged stablecoin

New York licenses GMO Internet to issue the first JPY-pegged stablecoin

The New York Department of Financial Services (NYDFS) has approved Tokyo-based GMO Internet to launch GYEN, the first stablecoin pegged to the Japanese yen. GMO Internet, an internet conglomerate that offers a large array of services, including domain hosting…

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