SBI CEO Yoshitaka Kitao confirmed in a recent tweet that SBI #Ripple Asia has finalized a token issuance platform built on the $XRP Ledger (XRPL). The subsidiary has also secured regulatory approval to operate as a third-party prepaid payment instrument issuer in Japan. Through these initiatives, the company can legally issue tokenized prepaid payment instruments under the country’s regulatory framework. This milestone reflects not only technical progress but also regulatory readiness for blockchain-based financial services.
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