Hokkoku Bank Launches Tochika, Japan’s First Deposit-Backed Stablecoin
Hokkoku Bank, a regional financial institution in the Ishikawa prefecture, launched Tochika, Japan’s first deposit-backed stablecoin. Customers of the bank will be able to purchase the currency using Tochitsuka, an app developed by Digital Platformer, that...
Stablecoin Issuer Tether Completes SOC 2 Type 1 Audit
Tether, the USDT stablecoin issuer, announced on April 1 that it had completed the System and Organization Controls (SOC) 2 Type 1 Audit, the highest level of security compliance achievable. Tether stated that the audit’s completion demonstrates the robust...
B2Prime’s Q1 Fiscal 2024 Results Highlight Strong Growth and Regulatory Compliance
PRESS RELEASE. B2Prime, a renowned multi-asset Prime of Prime liquidity provider, disclosed financial results of its Parent Company B2B Prime Services EU for January and February 2024. The report aims to highlight the company’s dedication to transparency, regulatory...
Singapore Imposes New Rules for Digital Payment Token Services
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment Services Act to impose additional requirements on digital payment token service providers and broaden the scope of regulated services. The central bank...Interesting 13
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