Japan’s Largest Bank to Launch Its Own Digital Currency in 2017Until now, there has been a lot of discussion and research into digital currencies by the financial industry, but reports coming from a national newspaper in Japan, The Asahi Shimbun, suggest that things may be moving faster than they first appear. It is suggested that Japan’s largest bank, the Bank of Tokyo-Mitsubishi UFJ Ltd., will be launching its own digital currency, to be known as the MUFG Coin, as soon as 2017. Such a big step represents the first such coin launched by a global bank, and it could have wide ranging effects on the cryptocurrency industry.
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