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Illinois Considering Crypto Licensing | Latham & Watkins LLP

A legislative initiative in Illinois would establish licensing and consumer protection requirements for digital asset businesses serving consumers in the state. On. ....

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GMO-Z.com Trust Company Announces GYEN and ZUSD Stablecoins to Launch on the Stellar Network

/PRNewswire/ GMO-Z.com Trust Company, Inc. ("GMO Trust") and the Stellar Development Foundation ("SDF") announced today that GYEN, the first regulated. ....

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Pillsbury Assists Tokyo Law Firm in Advising Government of Japan Regarding the Trading of Stablecoins

Pillsbury teamed up with City-Yuwa, a Tokyo-based law firm, in crafting a report to provide the Japanese Financial Services Agency, or FSA, with information on how to appropriately regulate the trading of stablecoins, a digital currency attached to a stable reserve asset, in Japan under the country’s amended Payment Services Act. ....

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GMO-Z.com Trust Company Partners with Wyre to Make the First Regulated JPY Stablecoin Accessible to All Developers

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NEW YORK, June 4, 2021 /PRNewswire/ GMO-Z.com Trust Company, Inc. ( GMO Trust ), the New York-based, regulated stablecoin subsidiary of Japanese Internet conglomerate GMO Internet Group ( GMO Group ), announced a partnership with Wyre, Inc. ( Wyre ), the payment company powered by blockchain. The partnership is designed to integrate the world s first regulated Japanese yen (JPY) stablecoin, ticker symbol: GYEN, onto Wyre s Payment suite of API-driven products, including payments, global payouts, wallets, crypto to fiat exchange and foreign exchange solutions . GYEN is the first regulated JPY stablecoin approved by the New York State Department of Financial Services (NYDFS). ....

New York , United States , Ryan Graham , Wyre Apis , York Department Of Financial Services , Internet Inc , Internet Group , Purpose Trust Company , Wyre Inc , Company Inc , Limited Purpose Trust Company , New York Department , Trust Company , All Rights , Gmo Internet Group , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ரியான் கிரஹாம் , யார்க் துறை ஆஃப் நிதி சேவைகள் , இணையதளம் இன்க் , இணையதளம் குழு , நோக்கம் நம்பிக்கை நிறுவனம் , வைர் இன்க் , நிறுவனம் இன்க் , வரையறுக்கப்பட்டவை நோக்கம் நம்பிக்கை நிறுவனம் , புதியது யார்க் துறை ,

Nexus Markets Expands Partnership with GMO-Z.com Trust Company by Offering Japanese Yen Stablecoin 'GYEN' and 'ZUSD' Interest-Earning Vaults

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NEW YORK, May 25, 2021 /PRNewswire/ GMO-Z.com Trust Company, Inc. ( GMO Trust ), the New York-based, regulated stablecoin subsidiary of Japanese financial services and Internet conglomerate GMO Internet Group ( GMO ) today announced an expanded partnership with Nexus Markets, a retail and institutional exchange partner, to offer JPY-pegged GYEN and USD-pegged ZUSD stablecoin Vaults.
(PRNewsfoto/GMO Internet Group)
Nexus Markets is an established exchange provider of GYEN and ZUSD liquidity. They are now expanding their support of these assets to offer their customers 7% interest on GYEN and 11% interest on ZUSD deposits (rates subject to change). The Vaults are the first in the market that allow retail and institutional clients to earn positive yields on their GYEN and ZUSD assets. ....

New York , United States , Ken Nakamura , Ryan Graham , Matthew Struble , Ian Mcafee , York Department Of Financial Services , Internet Inc , Internet Group , Purpose Trust Company , Company Inc , Shift Markets , Limited Purpose Trust Company , New York Department , Trust Company , All Rights , Gmo Internet Group , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , கேன் நாகமுற , ரியான் கிரஹாம் , யார்க் துறை ஆஃப் நிதி சேவைகள் , இணையதளம் இன்க் , இணையதளம் குழு , நோக்கம் நம்பிக்கை நிறுவனம் , நிறுவனம் இன்க் ,