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Top Japanese bank MUFG introduces new stablecoin platform

On Wednesday, MUFG introduced its stablecoin platform called “Progmat Coin,” a blockchain-based system for issuing and managing stablecoins pegged on a 1:1 ratio to the Japanese yen.

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Source: Cryptocurrency - investing.com

EU exec cuts 2022 euro zone growth forecast, sharply raises inflation view

The class warriors at the Bank of England