Japan’s Sumitomo Mitsui Bank launches country’s first “a-1” security token
Investment

Japan’s Sumitomo Mitsui Bank launches country’s first “a-1” security token

On March 29, Japan’s Sumitomo Mitsui Trust Bank or SMTB launched its first asset-backed securities token in collaboration with Securitize. This instrument is the first security token to comply with the Financial Instruments and Exchanges Act (FIEA), which was launched on the Japanese market. The token received “a-1 rating“From the Japanese rating agency Rating and…

The reported volume of top South Korean cryptocurrencies exceeds the volume of the country’s stock market
Investment

The reported volume of top South Korean cryptocurrencies exceeds the volume of the country’s stock market

The volume of transactions on the South Korean digital currency market on Sunday briefly exceeded the daily average volume of transactions on the country’s stock market. According to data from CoinMarketCap, the total 24-hour volume of the major South Korean cryptobourses UPbit, Bithumb, Coinone and Korbit was more than $ 14.6 billion on Sunday. Same…