Japan's second largest bank to launch institutional Bitcoin, crypto custodial services.Sumitomo Mitsui Trust, Japan's second largest bank, is creating a new company called Japan Digital Asset Trust to offer custodial services for bitcoin and other cryptocurrencies for institutional clients, according to a report by Nikkei Asia.
The new company will hold assets like bitcoin and other cryptocurrencies for large investors and corporations because the company reportedly believes investors will feel more comfortable if the custody of those assets can be held by trusted financial institutions
Restaurant software giant Lavu enables Bitcoin and crypto shitcoin payments in more than 65 countries.Global restaurant software provider Lavu announced on May 19, that they’re now in cooperation with Verifone a global FinTech payment solution provider.
The partnership will offer smooth integration of Lavu’s restaurant software suite with the Verifone FLEX payment options, enabling the companies based in more than 65 countries to offer a unique point of sale (POS) solution with multiple modern payment methods to their customers.