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Japan’s Biggest Bank to Launch Digital Token Before End of FY2020


The Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) is set to issue its own long-awaited digital currency “in the second half of the current financial year,” said its CEO. Speaking to Mainichi, the company’s CEO Hironori Kamezawa stated that the token had experienced no shortage...

Japanese Broker Monex Launches Crypto-Based CFDs With 2x Leverage


The Japanese online securities company Monex has revealed the launch of cryptocurrency-based contract-for-difference (CFD) services that went live on Wednesday. The new derivatives products offered by Monex will include bitcoin, XRP, ether, and bitcoin cash pairs with 2x leverage. Japanese digital...

Japan’s Central Bank to Begin Digital Yen Feasibility Pilot


The central Bank of Japan (BoJ) will conduct a controlled pilot for a central bank digital currency (CBDC) to see how a digital yen would function from a technical standpoint. The BoJ said it will begin a Proof-of-Concept (PoC) and wants to test the digital fiat in a controlled environment before...

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