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JAPAN FSA FORMALLY CLASSIFIES JPYC AS FUNDS TRANSFER SERVICE PROVIDERJapan's Financial Services Agency (@JFSA_en) officially designated JPYC (@jpyc_official), the country's first yen-denominated stablecoin issuer, as a "funds transfer service provider" in its Access FSA regulatory commentary series, per CoinPost. The classification was confirmed by FSA Coordinator Kishimoto in primary agency materials for the first time.The designation places JPYC under the same legal supervisory framework as PayPay, Rakute ...