Search results for Mitsubishi UFJ Bank
Fintech
Japan\'s three megabanks complete test of jointly issued stablecoin for international payments
Japan\'s three megabanks have completed a cross-border payments test using a jointly issued stablecoin. Mizuho Bank, Mitsubishi UFJ Bank and Sumitomo Mitsui Banking Corp ran the trial from July 17 to 23 with Mitsubishi UFJ Trust and Banking and TISI, checking issuance, transfer and redemption. The project is tied to a Financial Services Agency-backed programme and aims to prepare for real transactions within fiscal 2026.
Crypto
Japan crypto rules set for major overhaul as FSA says digital finance policy goals met
Japan\'s Financial Services Agency has rated its digital finance policy as having met its goals, citing changes including an overhaul of cryptocurrency regulation and an expansion of stablecoin use. In a performance review covering July 2025 to June 2026, the agency gave its top grade to a category focused on responding strategically to societal changes driven by digitalisation. It highlighted shifting crypto oversight into a financial instruments framework and pursuing tax revisions.
Crypto
SWIFT launches shared blockchain ledger with 17 banks to support 24/7 tokenised deposit payments
SWIFT has moved a blockchain-based shared ledger into an initial operating phase and is preparing real-transaction pilots with 17 global banks across six continents using tokenised deposits. The structure links tokenised deposits issued by participating banks on a common foundation while continuing to use the existing SWIFT network. The project aims to enable 24-hour, year-round fund transfers, with final settlement maintained through existing financial systems. SWIFT targets completing real transactions in the second half of 2026.
