Trade finance company Haycen announced on Friday that it has obtained a digital asset business (M) license issued by the Bermuda Monetary Authority (BMA), allowing it to issue and manage various currencies' 1:1 collateralized stablecoins. The company plans to initially launch a stablecoin pegged to the British pound, focusing on serving the B2B market, regulated entities, and non-bank lenders. Earlier this year, Haycen established a partnership with Northern Trust, which serves as its fiat currency custodian, while also receiving support from the UK government's National Security Strategic Investment Fund (NSSIF). (CoinDesk)