Liberty Global Ltd. rose 2.48% in intraday trading. The company's stock price increase may be attributed to the news that Japan's Financial Services Agency has approved the issuance of yen-denominated stablecoins, with JPYC Inc. becoming the first digital currency issuer in the country to receive such a license. This approval paves the way for the launch of a regulated yen-backed stablecoin as early as October, which could positively impact the company's financial services sector.
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