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Sumitomo mitsui – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Fri, 06 Sep 2024 12:25:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Sumitomo mitsui – DIGIT INFO https://www.digit.info 32 32 Japan’s major banks back new stablecoin project for global trade https://www.digit.info/japans-major-banks-back-new-stablecoin-project-for-global-trade/ Fri, 06 Sep 2024 12:25:27 +0000 https://www.digit.info/japans-major-banks-back-new-stablecoin-project-for-global-trade/

Project Pax, backed by Japan’s top banks, seeks to streamline cross-border transactions using stablecoins, addressing inefficiencies identified by the G20.

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]]> Major Japanese Bank Sumitomo Mitsui Trust to Launch Cryptocurrency Custody Business https://www.digit.info/major-japanese-bank-sumitomo-mitsui-trust-to-launch-cryptocurrency-custody-business/ Tue, 24 May 2022 09:30:47 +0000 https://www.digit.info/2022/05/24/major-japanese-bank-sumitomo-mitsui-trust-to-launch-cryptocurrency-custody-business/ Read more]]> Sumitomo mitsui trustSumitomo Mitsui Trust, one of the major banking institutions in Japan, will reportedly enter the cryptocurrency custody business. The company is entering a partnership with Bitbank, a Tokyo-based cryptocurrency exchange, to launch a new company that will focus on offering institutional-grade custody for digital assets and NFTs. Sumitomo Mitsui Trust Bank to Enter Digital Custody […]

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