Japan Tests Blockchain for $7.5T Bond Collateral Use

The post Japan Tests Blockchain for $7.5T Bond Collateral Use appeared first on Coinpedia Fintech News Japan has launched a blockchain pilot to modernize its $7.5 trillion Japanese Government Bond (JGB) collateral system. The Japan Securities Clearing Corporation, Mizuho Financial Group, and Nomura Holdings are working with Digital Asset Holdings on the Canton Network. The project enables real-time, 24/7 cross-border movement of JGBs while preserving their legal status under Japanese law. …