Search results for Mizuho 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 FSA approves trade settlement stablecoin pilot with three megabanks
Japan\'s Financial Services Agency has approved a fourth pilot project to use stablecoins for cross-border trade settlements, expanding tests into trade finance. The project will be led by TradeWaltz and involves Mizuho Bank, MUFG Bank and Sumitomo Mitsui Banking Corp, among others. The initial scope covers receivables purchases and settlement between exporters and banks. The pilot begins in September 2026, with a trust-based yen stablecoin expected for commercial use in the fiscal year ending March 2027.
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.
