Leading Japanese Firms Partner on Security Token Research

Mitsubishi UFJ Financial Group – Japan’s largest financial group and the fifth largest bank in the world by assets – is leading a 22-member research consortium to develop standards around security token management. The group – the Security Token Research Consortium – includes security issuers, broker dealers and technology companies, such as NTT Docomo Inc.…

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Bank of Cambodia: We’ll Allow More Control With Blockchain Payments

Assistant Governor at the National Bank of Cambodia Serey Chea said that blockchain payments will enable greater financial control and remittance efficiency in an interview with CNBC published on Oct. 22. Chea said that the National Bank of Cambodia has experimented with domestic blockchain payments for retail, but the main interest is testing them for…

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Cambodia’s Central Bank Testing Digital Wallet to Ease Cross Border Payments

Cambodia’s Central Bank wants to slash the cost of cross-border payments and is studying how its in-house digital wallet, the Hyperledger Iroha-powered Bakong, might get the job done. The National Bank of Cambodia (NBC) signed an agreement last week with Malaysia’s Maybank to determine how the banks’ respective digital payment platforms – Bakong and Maybank2u –…

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Online Lender SoFi to Launch Bitcoin and Ethereum Trading Next Week

Online lender SoFi announced its crypto trading platform will go live next Tuesday. Bitcoin, ethereum and litecoin will be the first digital assets available to trade on its SoFi Invest platform, CEO Anthony Noto told Fortune in an interview published on Wednesday. With the new platform, SoFi joins a number of digital-first trading firms – including…

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