Progmat stablecoin platform takes shape as wallet, liquidity providers join
Progmat Coin hopes to issue yen- and dollar-pegged “trust-type” stablecoins next summer to accommodate around-the-clock settlement.
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MUFG to facilitate Japanese bank-backed stablecoins via Progmat Coin platform
Mitsubishi UFJ Financial Group hasn’t revealed what firms will be the first to utilize its platform; however, a handful of banks have reportedly opted for a separate stablecoin solution.
Insurance Giant Tokio Marine to Offer Its Services in the Metaverse
Tokio Marine, the biggest property/casualty insurance group in Japan, is taking its services and operations into the metaverse. The group, which has more than 39,000 employees all over the world,…
Largest Japanese Bank MUFG Projects to Offer Financial Services in Metaverse by 2023
MUFG, the biggest bank in Japan, is projecting to offer financial services through the metaverse in 2023. The financial giant has partnered with ANA Holdings, a holdings consortium focused on…
Top Japanese bank MUFG introduces new stablecoin platform
After many years of digital currency development, Japan’s largest bank MUFG has officially introduced its own stablecoin project.
Japanese government considers relaxing strict coin listing rules
If passed, the rules reform could make it easier for domestic exchanges to list more crypto without needing to go through a long screening process.
MUFG boosts its crypto exposure following $41M Zipmex funding round
Thailand's Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex.
Coinbase Partners With MUFG to Launch Operations in Japan
Leading US-based cryptocurrency exchange Coinbase announced it will launch operations in Japan yesterday. The exchange will be partnering with Mitsubishi UFJ Financial Group (MUFG), a banking institution with more than…