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5th-Largest Japanese Bank Abruptly Ditches Ripple Trial

japan resona bank crypto ripple

Ripple, the blockchain-based payment network, suffered a setback after Japan's Resona Bank said it would no longer use MoneyTap, a consumer-centric retail payments app that uses Ripple's enterprise blockchain technology. Resona - Japan's fifth-largest financial institution - did not provide a reason for the abrupt cancellation, which makes it the first Japanese bank to quit the MoneyTap project...

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