GMO secures DFS approval to issue JPY and USD-pegged stablecoins in New York
With DFS approval, GMO is authorized to issue, administer, and redeem Japanese Yen and U.S. Dollar-pegged stablecoins in New York.
stablecoins
Financial Stability Board warns of risks associated with global stablecoins
Global stablecoins imply operational risks, including cyber risks, and risk of loss of data, the FSB warns.
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