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Japanese government stated that Japan's Minister of Economy and Finance, Jounai Minoru, will attend the Bank of Japan's monetary policy meeting on Friday.
JPMorgan has deployed its digital deposit token JPM Coin to Coinbase's Base blockchain, marking the Wall Street giant's first large-scale access to the public chain ecosystem. JPM Coin differs from stablecoins as a digital representation of bank deposits with interest, limited to transfers between whitelisted users. This move responds to institutional clients' demand for using bank deposit products on-chain, currently mainly used for collateral and margin payments in crypto trading. JPM emphasizes that its deployment method has full permission control and risk isolation, reflecting the convergence of traditional finance towards DeFi.
Ethereum could see another rise in transaction speed in January, with developers considering raising the gas limit to 80 million after the next blob parameter-only hard fork.
Vitalik Buterin says Ethereum needs to boost the number of people who can understand the entire blockchain, and it can “get better at this by making the protocol simpler.”
Lightning Network’s capacity reached an all-time high as exchanges increased adoption, while a new Taproot Assets update has enabled multi-asset transactions.
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