GMO Internet receives BitLicense to issue JPY stablecoin
GMO Internet issued BitLicense approval affecting New York Department of Financial Services on December 29, 2020.
- Primary
- GMO Internet
- Counterparty
- New York Department of Financial Services
- Structure
- BitLicense approval
- Date
- December 29, 2020
- Sub-sector
- Crypto / Stablecoin
First regulatory approval for a JPY-pegged stablecoin, enabling GMO Trust to operate regulated stablecoins in US jurisdiction.
Source: coinspeaker.com