The Financial Services Agency (FSA) has approved a
pilot program that brings together the country’s three biggest banks, Mizuho
Bank, MUFG, and Sumitomo Mitsui Banking Corporation (SMBC), to test a jointly
issued stablecoin.Digital assets meet tradfi in London at the fmls25Backed by Japan’s Payment RegulatorThe FSA confirmed on Friday that it will supervise the
stablecoin trial as part of its newly launched Payment Innovation Project
(PIP…
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