Crypto
BPMG to work with Kbank and UAE\'s Changer on stablecoin business
Blockchain company BPMG said it signed a strategic memorandum of understanding with South Korea\'s internet-only bank Kbank and UAE-based digital asset services firm Changer.ae Limited to cooperate on a stablecoin business. The three companies plan to jointly pursue digital asset-based financial projects and build financial infrastructure using blockchain. They will collaborate on services and technology, review stablecoin business models, and address technical and regulatory issues for cross-border settlement, including a remittance pilot this year.