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2018-11-05 13:59:39

Japan: First Bank of Toyama Piloting a Stablecoin Pegged to the Yuan

A Japanese bank has taken advantage of the ruling that stablecoins are not cryptocurrencies. The First Bank of Toyama has launched a pilot project to test its own stablecoin, the First Bank Coin (FBC), and plans to commercialize the token in October 2019. The stablecoin will be pegged to the Japanese national currency, the Yuan […]Japan: First Bank of Toyama Piloting a Stablecoin Pegged to the Yuan was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.