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Japan to Study Possibility of Blockchain Trading for Japanese Government Bonds
1 day ago /
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Author：小编
Japan's Ministry of Finance announced on Wednesday that it will establish a study group next month to explore the use of blockchain technology for 'on-chain' trading of Japanese Government Bonds (JGBs). A senior official from the Ministry of Finance stated during a briefing that the group will assess the potential benefits, costs, and market impact of shifting JGB trading to blockchain. The official noted that on-chain trading is expected to offer advantages such as faster settlement speeds, enabling government bonds to be used instantly as collateral in repurchase transactions.
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