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Japanese banks and card issuers join digital currency study group

Japanese banks and card issuers join digital currency study group * NFCW

Three of Japan’s largest banking groups have signed up to participate in a study group that aims to build a “digital settlement infrastructure using valuable digital currencies”. Mizuho Bank, MUFG Bank and Sumitomo Mitsui Banking Corporation have joined KDDI, Seven Bank, NTT, Mori Hamada & Matsumoto and JR East in participating in the initiative, which is led by cryptocurrency exchange DeCurret.