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Author Topic: [2016-06-11]Mitsubishi UFJ Bank Plans to Release Virtual Currency in Fall 2017  (Read 277 times)
Blawpaw
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June 11, 2016, 09:09:26 PM
 #1

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...

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June 12, 2016, 10:25:24 AM
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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...

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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.


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June 12, 2016, 05:38:12 PM
 #3

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...
2015Bubble
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June 12, 2016, 07:22:16 PM
 #4

Who cares, already every bank annouced theire own centralized ponzi shitcoin.

I'm gonna make smurfcoin, anyone wanna buy? great pump much wow ?
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June 13, 2016, 06:40:41 PM
 #5

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.

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