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Bitcoin => Press => Topic started by: Blawpaw on June 11, 2016, 09:09:26 PM



Title: [2016-06-11]Mitsubishi UFJ Bank Plans to Release Virtual Currency in Fall 2017
Post by: Blawpaw on June 11, 2016, 09:09:26 PM
Mitsubishi UFJ Bank Plans to Release Virtual Currency in Fall 2017

Mitsubishi UFJ has plans to become the first major bank to issue a virtual currency. Their virtual currency dubbed ‘MUFG coin’ is presently being used for internal bank transactions, and the bank is considering release for its customers to use allowing low-cost money transfers worldwide. The ‘MUFG coin’ is expected to become available in fall of 2017...

read more (https://btcmanager.com/news/finance/mitsubishi-ufj-bank-plans-to-release-virtual-currency-in-fall-2017/)


Title: Re: [2016-06-11]Mitsubishi UFJ Bank Plans to Release Virtual Currency in Fall 2017
Post by: aso118 on June 12, 2016, 10:25:24 AM
Mitsubishi UFJ Bank Plans to Release Virtual Currency in Fall 2017

Mitsubishi UFJ has plans to become the first major bank to issue a virtual currency. Their virtual currency dubbed ‘MUFG coin’ is presently being used for internal bank transactions, and the bank is considering release for its customers to use allowing low-cost money transfers worldwide. The ‘MUFG coin’ is expected to become available in fall of 2017...

read more (https://btcmanager.com/news/finance/mitsubishi-ufj-bank-plans-to-release-virtual-currency-in-fall-2017/)

We already have a coin that can be used for low cost money transfers - Bitcoin.
I doubt if any private company backed alt can be a rival to Bitcoin, given the negativity associated with Wall Street and their counterparts across the world.


Title: Re: [2016-06-11]Mitsubishi UFJ Bank Plans to Release Virtual Currency in Fall 2017
Post by: DarkThrones on June 12, 2016, 05:38:12 PM
Weird...I'm not sure if that's a good idea for a bank. Essentially they are just using it to transfer money so there will not be an exchange other than the bank. I don't think it will take off at all...


Title: Re: [2016-06-11]Mitsubishi UFJ Bank Plans to Release Virtual Currency in Fall 2017
Post by: 2015Bubble on June 12, 2016, 07:22:16 PM
Who cares, already every bank annouced theire own centralized ponzi shitcoin.

I'm gonna make smurfcoin, anyone wanna buy? great pump much wow ?


Title: Re: [2016-06-11]Mitsubishi UFJ Bank Plans to Release Virtual Currency in Fall 2017
Post by: Dank14 on June 13, 2016, 06:40:41 PM
I think we've had enough altcoins to last us till the next century. They should check back by that time, people might be more willing to invest.