SBI Group Launches Japan's First Trust Bank-Backed Stablecoin JPYSC
SBI Group Launches Japan's First Trust Bank-Backed Stablecoin JPYSC
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SBI Group has introduced JPYSC, Japan's inaugural trust bank-backed stablecoin. Its immediate availability is restricted to SBI VC Trade accounts, pending further regulatory and tax clarity on stablecoins.
JPYSC's availability will be limited to SBI VC Trade accounts, until regulatory and tax treatment of the stablecoin is clarified.