SBI Shinsei Bank Explores Tokenised Deposits for Global Transactions

Reported about 5 hours ago

Japan's SBI Shinsei Bank announced plans to introduce tokenised deposit payment services aimed at enhancing cross-border payments for corporate clients. In partnership with DeCurret DCP and Singapore's Partior, the initiative will enable faster and cheaper transactions, with the bank exploring multiple currencies beyond the yen. This move is part of a broader trend in Japan's banking sector, which is increasingly looking to leverage blockchain technology for financial services.

Source: YAHOO

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