Milestones

JPYC Inc. was founded by Noritaka Okabe to develop a yen-pegged stablecoin for the Japanese market.

JPYC launched its stablecoin business, initially issuing JPYC as a third-party prepaid payment instrument under existing Japanese law.

Japan's revised Payment Services Act came into effect, establishing a comprehensive regulatory framework for stablecoins as 'Electronic Payment Instruments'.

JPYC Inc. successfully obtained registration as a Funds Transfer Service Provider from the Kanto Local Finance Bureau, a key step for legal stablecoin issuance.

JPYC officially launched as an 'Electronic Payment Instrument' under the new regulations, along with its issuance and redemption platform, JPYC EX.