Japanese Banking Giants Set to Unveil Joint Stablecoin by 2027
Megabanks MUFG Bank, Mizuho Bank and SMBC have formed a council to develop frameworks for jointly issuing a stablecoin in fiscal year 2026.
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Megabanks MUFG Bank, Mizuho Bank and SMBC have formed a council to develop frameworks for jointly issuing a stablecoin in fiscal year 2026.
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MUFG Bank, Mizuho Bank, and SMBC have set up a council to examine operational frameworks and governance for the stablecoin issuance.
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MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins.
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Mohalla Tech has shut down Vibely, its experimental social interaction platform, after Apple removed it for policy violations. The company cited digital safety standards and a shifting regulatory environment as reasons for the closure. The post Social interaction app Vibely shut down by Mohalla Tech