4th largest bank to launch own crypto

in #mufg7 years ago (edited)

Through the game #Ingress I first heard of this bank. They "sponsored" an item within the game up until recently. When they were first implemented into the game I did some minor research of #MUFG, just out of curiosity. Now that they, possibly, will offer their own cryptocurrency I will be paying "close" attention to Mitsubishi UFJ Financial Group.

https://cointelegraph.com/news/worlds-fourth-largest-bank-mufg-to-launch-own-cryptocurrency-in-2018

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Do you know what their coins purpose will be? Banking?

Yeah, other than basic P2P transactions and shopping I don't see anything new or exciting. Just their footprint is enough to give it some attention, though.

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