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Japan to test government bonds as digital collateral on Canton

Japan to test government bonds as digital collateral on Canton

Japan's Securities Clearing Corporation will test using Japanese government bonds as digital collateral on the Canton network, involving Mizuho, Nomura, and Digital Asset. The trial aims to explore blockchain-based collateral management, marking a significant step in integrating digital assets into government bond transactions. The test is part of Japan's broader efforts to modernize financial infrastructure through blockchain technology.

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