# Japanese bank Sumitomo Mitsui launches the country’s first ‘a-1’ rated security token

# Japanese bank Sumitomo Mitsui launches the country’s first ‘a-1’ rated security token

“# Japanese bank Sumitomo Mitsui launches the country’s first ‘a-1’ rated security token ” Japan-based bank Sumitomo Mitsui Trust Bank, or SMTB, has launched its first asset-backed securities token in partnership with Securitize on March 29. The instrument is the first security token compliant with the Financial Instruments and Exchange Act (FIEA) to launch in…

Read More
# Japan’s megabanks to lead experiment with digital yen

# Japan’s megabanks to lead experiment with digital yen

“# Japan’s megabanks to lead experiment with digital yen ” Japan’s three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen. The group consists of banks, various Japanese brokerages, utilities and telecoms firms and retailers, according to a Reuters report published…

Read More