JPYC – Milestones
Key milestones and important events in JPYC's history.
Showing 5 milestones for JPYC
Official Launch as Regulated Stablecoin
JPYC officially launched as an 'Electronic Payment Instrument' under the new regulations, along with its issuance and redemption platform, JPYC EX.
Registered as Funds Transfer Service Provider
JPYC Inc. successfully obtained registration as a Funds Transfer Service Provider from the Kanto Local Finance Bureau, a key step for legal stablecoin issuance.
Revised Payment Services Act Takes Effect
Japan's revised Payment Services Act came into effect, establishing a comprehensive regulatory framework for stablecoins as 'Electronic Payment Instruments'.
JPYC Begins Operations as Prepaid Instrument
JPYC launched its stablecoin business, initially issuing JPYC as a third-party prepaid payment instrument under existing Japanese law.
JPYC Inc. Established
JPYC Inc. was founded by Noritaka Okabe to develop a yen-pegged stablecoin for the Japanese market.