Japan’s Second Largest Bank To Launch Institutional Bitcoin, Crypto Custodial Services
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Sumitomo Mitsui Trust will partner with Bitbank to form a company focused on institutional custodial services for bitcoin and other cryptocurrencies. Japanese bank Sumitomo Mitsui Trust is launching…
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Sumitomo Mitsui Trust, one of the major banking institutions in Japan, will reportedly enter the cryptocurrency custody business. The company is entering a partnership with Bitbank, a Tokyo-based... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author:…
Bifrost Network became a member of the Blockchain Collaborative Consortium (BCCC), which is another step in the aggressive development of the cross-chain platform throughout the Japanese market. Bifrost is positioned alongside some of Japan’s most established technology firms. It demonstrates the country’s commitment to becoming a global leader in blockchain…
Japan’s largest banking groups are moving toward a shared yen-backed stablecoin framework, a development that could bring one of the world’s most heavily regulated financial systems deeper into tokenized payments. TL;DR MUFG, SMBC, and Mizuho are reportedly aligned around a joint yen-backed stablecoin initiative. The project is still at the…