The post Mitsubishi UFJ’s subsidiary will partner with Binance Japan! appeared first on Coinpedia Fintech News

MUTB, a subsidiary of Japan’s largest financial institution, Mitsubishi UFJ Financial Group, has announced its intention to cooperate with Binance Japan to explore the launch of new stablecoins, including Japanese yen and US dollars. Japan has recently introduced regulations for stablecoins, which has led to increased interest in developing these types of digital currencies in the country. The partnership between MUTB and Binance Japan could bring significant developments to the stablecoin market in Japan, providing new opportunities for investors and businesses.