New York regulators have approved a subsidiary of Japan's GMO Web to challenge the world's first publicly obtainable stablecoin backed the Japanese yen (Kevin Helms/Bitcoin Information)




Kevin Helms / Bitcoin Information:

New York regulators have approved a subsidiary of Japan’s GMO Web to challenge the world’s first publicly obtainable stablecoin backed the Japanese yen  —  The New York State Division of Monetary Providers, the Bitlicense regulator, has approved GMO to challenge U.S. greenback and Japanese yen-pegged stablecoins.





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