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sony bank going DEFI now?!? lmfao, Sony Bank Connect gonna have us using NFTs to buy playstations at this rate ๐๐ฅ๐ค
Sony Bank’s DEFI initiative aims to demonstrate compliance with anti-money laundering regulations to the Japanese Financial Services Authority. Sony Bank explores decentralized funding concepts and automated merchant systems via blockchains. They will showcase how verified customers can use AMMS with hosted or self-held wallets that pass compliance checks. They will also highlight restricting token transfers to approved wallet addresses and safe trading practices. This project aligns with Sony Bank’s history of blockchain innovation, such as offering security tokens and launching a web3 NFT application, Sony Bank Connect.
https://altcoin.observer/sony-bank-teste-defi-amm-with-japanese-regulator-grande-book-insights/
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