Market Chatter: Japan Post Bank to Launch Digital Currency for Trading

MT Newswires Live
Sep 01

Japan Post Bank (TYO:7182) plans to issue a digital currency to depositors in fiscal 2026, facilitating the quick trading of blockchain-based financial products, Nikkei Asia reported on Monday.

This initiative aims to revitalize its massive 190 trillion yen in deposits, much of which lies dormant in accounts, the publication said.

The bank hopes to increase convenience for its existing, often older customer base while also attracting younger users, said the news daily.

By leveraging its 120 million accounts, the project will allow savings to be easily used for online digital asset trading, added the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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