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Japanese bank holding and financial services company Mitsubishi UFJ Financial Group, Inc. (MUFG) said it will use Ripple to create a new cross-border payments service to Brazil; the banking giants have inked a memorandum of understanding to use Ripple's network to commercialise high-speed, transparent and traceable payments between Japan and Brazil - Link
Group-IB, global cybersecurity company, has created a scoring model for cryptocurrency exchanges that is based on their security levels; the scoring model was created in conjunction with Swiss-based Cryptolns which will issue the insurance for these exchanges base don these scores; the company gave Kraken the top score when scoring 20 exchanges - Link