Financial Services Agency Explicitly Classifies JPYC as a 'Funds Transfer Business'

2026/04/28 17:23 (Updated 2026/04/28 18:00)
CoinPost
Written by M.Gelacio
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Financial Services Agency Explicitly Classifies JPYC as a 'Funds Transfer Business'

The System That Classifies JPYC as a 'Funds Transfer Business'

The System That Classifies JPYC as a 'Funds Transfer Business'

Kosuke Kishimoto, the Funds Settlement Business Regulator at the Financial Services Agency's General Policy Bureau, stated in an interview with this magazine that 'JPYC, the company that first issued a yen-denominated stablecoin domestically, is also a funds transfer business.'

Furthermore, Mr. Kishimoto...

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MAGAZINE

Iolite Vol.19

May 2026 issueReleased on 2026/03/30
Interview Iolite FACE vol.19 Yuichiro Tamaki, Leader of the Democratic Party for the People PHOTO & INTERVIEW by Hasen Kuniyama Special Features: “Web3.0 The Impact Award 2026” “Global Money Loses Its Master” “The Current State of Robotics Technology” [Dialogue Series] The NISHI Talk: Crypto Conversations “The Changing Crypto Landscape, and the Unchanging Strategies of Traders” Kasou NISHI × European] Series: Tech and Future by Toshinao Sasaki, and more