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[SBI Group Receives Approval from Japan's Financial Services Agency, Set to Launch Japan's First Trust-Type Stablecoin JPYSC] According to a report by *Nikkei*, SBI Group has received approval from Japan's Financial Services Agency and plans to issue the yen-pegged stablecoin JPYSC within this week. The coin will be issued by SBI Shinsei Trust Bank, traded through SBIVCTrade, and jointly developed with Singapore-based fintech company Startale Group. SBI Group plans to integrate JPYSC with its securities, crypto assets, banking, and other financial services.

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