MUFG Bank to open a cryptocurrency exchange

MUFG Bank to open a cryptocurrency exchange

The major bank in Japan, subsidiary of Mitsubishi UFJ Financial Group, Inc. had revealed its plan to launch a cryptocurrency exchange, issuing its own cryptocurrency called MUFG Coin. The MUFG bank had already intimated the Financial Services Agency about the idea to bring out a cryptocurrency exchange. The bank will levy certain services to its users from April 2018.

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