JPYC Provides Information on the Settlement Market to the Japan Fair Trade Commission and Also Publishes Its Views on "JPYC Settlement discounts."
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JPYC confirmed on September 14 that it had submitted information to the Japan Commission for the Protection of Justice regarding the card's merchant rules; the stable token has reached 150 stores.
JPYC, the issuer of the Japanese yen stablecoin "JPYC," announced on October 9th that it had provided information to the Japan Fair Trade Commission (JFTC) regarding the competitive environment in the cashless payment market. ... The post JPYC provides information to the JFTC, raising concerns about card merchant agreements first appeared on NADA NEWS.
JPYC Inc., the issuer of the Japanese yen-denominated stablecoin "JPYC," explained the relationship between card merchant agreements and preferential treatment for stablecoin payments. The Japan Fair Trade Commission (JFTC) explained the competitive environment in the cashless payment market and the structure and initiatives of JPYC. […]
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