SBI Says Ripple Asia Finalized XRPL Token Issuance Platform in Japan

SBI CEO Yoshitaka Kitao said in a social media post that the unit also received approval to operate as a third-party prepaid payment instrument issuer in Japan.

XRP

Summary

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Terms & Concepts
  • XRP Ledger (XRPL): A public blockchain network designed for digital asset transfers and token issuance.
  • Token issuance platform: A system that enables organizations to create and manage blockchain-based tokens.
  • Third-party prepaid payment instrument issuer: A regulated entity allowed to issue prepaid payment instruments under local financial rules.