Japanese digital bank Minna Bank today issued a press release on its official website: it has signed a memorandum of understanding with Backpack’s Japanese entity, Trek Labs Japan, and begun exploring the integration of banking services into the crypto asset trading platform Trek Labs Japan plans to launch in Japan. The press release clearly states that this is conditional on Trek Labs Japan first completing its registration as a crypto asset exchange. For now, the focus is on BaaS capabilities such as yen deposits and withdrawals; further down the line, it also mentions tokenized deposits and links to financial services in the app. More details will be announced later. The agreement is in place, but whether it can be realized still depends on the licensing process.

#加密货币 #Web3