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Tag: Jewel Bank

Bermuda-based Bank Launches Stablecoin

Posted on December 16, 2022 by Justin

On Monday, Bermuda-based Jewel Bank announced Jewel Bank will create a stablecoin with full backing known as Jewel USD (JUSD). The bank will serve digital asset firms worldwide, providing basic banking, payments, and settlements, according to the press release issued June 7.     Jewel Bank received Bermudas Banking and Financial Services Authority (BMA) approval…

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