Japanese Banking Giant MUFG Plans for Issuing Stablecoins
thebittimes.substack.com
Starting this month from June 1, Japan’s stablecoin law came into effect allowing the nation’s licensed banks, trust companies, and registered money transfer agents to issue these cryptocurrencies. As said, MUFG is talking to multiple parties for using its blockchain platform Progmat, in order to mint stablecoins linked to foreign currencies, such as the US Dollar.
Japanese Banking Giant MUFG Plans for Issuing Stablecoins
Japanese Banking Giant MUFG Plans for Issuing…
Japanese Banking Giant MUFG Plans for Issuing Stablecoins
Starting this month from June 1, Japan’s stablecoin law came into effect allowing the nation’s licensed banks, trust companies, and registered money transfer agents to issue these cryptocurrencies. As said, MUFG is talking to multiple parties for using its blockchain platform Progmat, in order to mint stablecoins linked to foreign currencies, such as the US Dollar.