Japan shipping line Yusen said to develop digital cash for crew

Japan's Nippon Yusen shipping line will reportedly introduce its own digital currency to service crew members, sources say. The goal is to make it easier for seafaring workers to manage, send and convert money into their local currencies.

BY KIYOTAKA MATSUDA, BLOOMBERG

Nippon Yusen K.K., Japan's largest shipping line by sales, is introducing its own digital currency for crew members, people with knowledge of the matter said.

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