Search results for Mitsui
AI & Enterprise
Japan finance minister to meet three megabanks to discuss risks from Anthropic\'s Mythos
Japan will hold a meeting involving the country\'s three megabanks and other senior financial officials to review potential risks from Anthropic\'s AI model Mythos. CoinPost reported that Finance Minister Satsuki Katayama will meet executives from Mitsubishi UFJ, Sumitomo Mitsui and Mizuho to share awareness of related risks. Attendance by BOJ Governor Kazuo Ueda and other industry leaders is being coordinated, and the Financial Services Agency proposed the meeting.
Crypto
Asia local-currency stablecoins account for less than 1 percent, speed is key - Tiger Research report
Tiger Research said in a report that Asia’s local-currency stablecoins account for less than 1 percent of the $300 billion global stablecoin market and that speed of response is crucial before a dollar-centred ecosystem becomes entrenched. It said about 99 percent of stablecoins are dollar-pegged and outlined regulatory approaches in Singapore, Hong Kong, Japan, China and South Korea. The author said careful design is needed but caution must not turn into delay.
Crypto
ITCEN Global strengthens RWA alliance with Japan\'s JPYC and Mitsui
ITCEN Global said on Thursday that JPYC CEO Noritaka Okabe and a Mitsui delegation led by Shinsuke Waka visited its ITCEN Tower in Gwacheon to reaffirm ties among the three companies and build a close cooperation framework for global RWA projects. The meeting followed the attendance of JPYC and Mitsui at the World Crypto Forum in South Korea. The partners plan to jointly roll out gold-based RWA services, including on-chain deposits and collateral loans.
