USDC stablecoin receives approval for use in Japan, says Circle

Circle said it will officially launch its stablecoin in Japan on March 26 after one of its local partners received regulatory approval to list the US dollar stablecoin three weeks ago.USDC (USDC) will first be listed on the “SBI VC Trade” crypto exchange under a joint venture between its parent firm — Japanese financial conglomerate SBI Holdings — and Circle’s Japanese entity Circle Japan KK, Circle said in a March 24 statement.The news comes three weeks after SBI VC Trade secured an industry-first regulatory approval on March 4 to list USDC under the Japan Financial Services Agency’s stablecoin regulatory framework.Circle is also looking to list USDC on Binance Japan, bitbank, and bitFlyer in the near future source: https://cointelegraph.com/news/circle-launch-stablecoin-usdc-japan-march-26?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound