On July 26, Times Garden Vietnam JSC (TGV) and FPT Fund Management JSC (FPT Capital) signed a strategic cooperation agreement for development in the fields of real estate, finance, and services in Vietnamese and international markets. At the same time, FPT Capital will also become a strategic shareholder of TGV with a 25 per cent stake.
Japan Doesn t Want to Be Late with a Digital Currency paymentsjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paymentsjournal.com Daily Mail and Mail on Sunday newspapers.
FOCUS: Japan prepares for digital currency, in line with China and others
Japan is gearing up preparation for the issuance of digital currency in both public and private sectors following swift moves by China and some other countries to do the same.
Virtual money issued by central banks around the world is called central bank digital currency or CBDC, and is used for cashless payments via smartphones or electronic cards just as cash, while some private organizations, including one established by Facebook Inc., also plan to introduce their own digital currencies.
Different from credit cards and cashless payment services, digital currencies are expected to provide retailers commission-free payment systems while end-users are able to not only settle payments at stores but also quickly send money to others via their smartphone apps.
Japan prepares for digital currency, in line with China and others mainichi.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mainichi.jp Daily Mail and Mail on Sunday newspapers.