Search results for Japanese government bonds
Crypto
Japan\'s three megabanks to create joint stablecoin, seek issuance within 2026
Japan\'s three megabanks plan to issue a jointly created stablecoin during fiscal 2026. CoinPost reported that Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corp and Mizuho Bank will soon reach a basic agreement and set up a council to flesh out operations. The plan assumes the banks obtain licences for electronic payment instrument transactions, with a trust bank acting as issuer trustee. The initiative is also tied to securities settlement tests using blockchain data.
Crypto
Bitwise lists BWCC Canton Network ETP on Germany\'s Xetra to broaden institutional access
Bitwise Europe listed an exchange-traded product linked to Canton Network’s native token CC on Deutsche Boerse’s Xetra in Germany. The product, Bitwise Canton ETP with ticker BWCC, tracks Kaiko’s CANTO Reference Rate LDNLF index and charges an annual fee of 0.85 percent. The CC tokens are held by the issuer and kept in cold storage with 100 percent collateral, allowing trading through standard brokerage accounts without a crypto wallet.
AI & Enterprise
Sony Bank partners with JPYC to test instant purchase of yen stablecoin from bank accounts
Sony Bank is working with stablecoin issuer JPYC to develop a system that lets customers buy JPYC instantly directly from their bank accounts, Cointelegraph reported on Sunday. The project is expected to become a first case of directly linking bank accounts without using crypto exchanges under Japan\'s revised Payment Services Act. Sony Bank\'s Web3 unit BlockBloom will lead the design. JPYC is backed 1:1 by bank deposits and Japanese government bonds.
