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JPYC Submits Information to Japan Fair Trade Commission — Raises Concerns Over Card Merchant Agreement Terms

  • JPYC Inc. is the issuer of JPYC, a Japanese yen-denominated stablecoin.
  • On October 9, the company submitted information to the Japan Fair Trade Commission concerning competition in the cashless payments market.
  • The submission specifically raises concerns about provisions within card network merchant agreements.

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