Japan's largest bank Mitsubishi UFJ to release their own crypto.

[krassy]

I've heard that in Russia, the Sberbank is assembling its own team of specialists to develop a detachment, I think more and more people understand that the technology of transaction chains will be in demand in the modern world.

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[Webcelerator]

The launch is scheduled for this April and so far it will only be available for bitcoins. But their coin MUFFG, which will be backed by the national currency, inspires great confidence. The USTD can be safely forgotten as an unfortunate idea.

[UFO2018]

This is a great news to know. Japan always support crypto currency and people in Japan can buy and sell stuffs by crypto for real. Many european counties also believe crypto currency is the trend of the future. So, bright future is coming. Please dont hesitate to invest your money on coins.

[PETES]

So this got me thinking why wouldn't all other financial institutions & companies create their own crypto instead of buying into existing and expensive cryptocurrencies? For example for privacy & security why couldn't the Swiss Bank create their own private cryptocurrency instead of using DASH or MONERO? Or logistics & supply chain related cryptos Vechain/Wabi/Walton why wouldn't multi-national companies just create their own? Or even IoT, AI related cryptos like Cindicator, Deepbrainchain, IOTA, why couldn't IBM or Google create their own instead of buying already expensive and inflated cryptos?

Because they will have known about the fact they will get all of the control over their asset and they don't need to buy the current coin. If you can make your coin with low price and why makes you feel you must try to obtain current currency? So are you still feeling curious about another reason?

This is always the problem, in fact they love to control things beyond their limit so if there will be a chance to make their own they'll don't hesitate with it. Just like bitcoin cash, Roger Ver created this because he wants something to control of and follow the steps of bitcoin. But unluckily he and it can't.