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Backpack signs agreement with Japan’s Minna Bank for crypto services

Backpack signs agreement with Japan’s Minna Bank for crypto services

Crypto exchange Backpack has signed a cooperation agreement with Japan’s Minna Bank to explore integrating banking services into its planned cryptocurrency trading platform in the country.

Summary

  • Backpack has signed a cooperation agreement with Japan’s Minna Bank to explore integrating banking services into its planned cryptocurrency trading platform.
  • The partnership could allow Backpack users to deposit and withdraw Japanese yen through Minna Bank’s banking infrastructure once the exchange secures regulatory registration.
  • Both companies are considering future cooperation involving tokenized deposits and the integration of Backpack’s investment services into Minna…

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