Mizuho Financial Group
|Mizuho Financial Group|
|Key People||Tatsufumi Sakai, President and CEO|
|Products||Financial services; advisory services, custody services, banking, investment services, corporate finance, asset management|
|Website||Mizuho Bank Home|
Mizuho Financial Group is a large Japanese financial services corporation. Their services include corporate and investment banking, advisory services, custody services, and asset management.
In February 2019, Muzuho Financial announced that after three years of tests, it would be releasing its own cryptocurrency - J-Coin. J-Coin will reportedly be a stablecoin pegged to the Japanese yen, and will be used to help settle digital payments and remittances. The company partnered with 60 Japanese firms, all of which will have their own wallets capable of storing J-Coin.
To make payments, users will be able to use the "J-Coin Pay" app to pay for goods and services, scanning a QR code that charges their J-Coin accounts. Users will reportedly be able to transfer money from a J-Coin wallet to a bank free of charge. According to a news story by Nikkei Asian Review, signing up for a J-Coin account will require less screening than would normally be required for a credit card.
- Solutions. Mizuho Bank.
- Mizuho's digital currency to take on payment rivals next month. Nikkei Asian Review.
- Japanese Megabank Mizuho is Launching its Own Digital Currency in March. CCN.