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Title: [2016-02-01] bitcoin.com: Japan’s Largest Bank is Building Its Own Digital Coin Post by: LiteCoinGuy on February 01, 2016, 04:01:03 PM Japan’s Largest Bank is Building Its Own Digital Coin
Japan’s largest bank – Bank of Tokyo-Mitsubishi UFJ (MUFJ) – has announced that it is working to create its own virtual currency similar to Bitcoin in an effort to reduce expenses and establish a robust backend accounting and settlement system. https://news.bitcoin.com/japans-largest-bank-building-digital-coin/ “MUFG coin” - i go all in! Title: Re: [2016-02-01] bitcoin.com: Japan’s Largest Bank is Building Its Own Digital Coin Post by: richardsNY on February 01, 2016, 05:56:57 PM I think we will see more banks and governments create their own digital currency. I don't think it's made to directly snoop away market share of Bitcoin, but eventually that may be their target.
Title: Re: [2016-02-01] bitcoin.com: Japan’s Largest Bank is Building Its Own Digital Coin Post by: BTCBinary on February 02, 2016, 01:27:08 AM Great. Now, besides private blockchains, there will be an armed race between many companies in the Banking industry to make their own centralized currency.
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