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Japan s Largest Bank Launches Stablecoin Platform For Banking Institutions

With the help of Progmat Coin, banks will be able to issue their own stablecoins on blockchains like Cosmos, Avalanche, Polygon and Ethereum with more networks to be added soon.

MUFG Joins Forces With Progmat Coin To Facilitate Japanese Bank-Backed Stablecoins

MUFG, a Japanese financial services company, has revealed that Progmat Coin would facilitate the issuance of bank-backed stablecoins

Japanese firms collaborate on yen-backed stablecoin, China signals an openness to blockchain technology

Japanese firms collaborate on yen-backed stablecoin, China signals an openness to blockchain technology
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Yen Stablecoin Interoperability Work Underway by Japan s Mitsubishi UFJ Bank

The Mitsubishi UFJ Financial Group, Datachain, and Solamitsu are working on making the Progmat Coin, a Yen-backed stablecoin, interoperable. Expectations are…

Stablecoins under Japan s amended Payment Services Act

Mayuko Takahashi of Nagashima Ohno & Tsunematsu provides an overview of the stablecoins regulations under Japan’s amended Payment Services Act

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