Latest Mitsubishi UFJ Financial Group News

Business 14 February 2019

Japanese bank MUFG to launch a blockchain-based payments system

Mitsubishi UFJ Financial Group has announced that it intends to launch a blockchain-based payments system by 2020.

Business 6 February 2019

Japanese banks scrap peer-to-peer payments, focusing on crypto instead

Mitsubishi UFJ Financial Group, Mizuho Financial Group and Sumitomo Mitsui Financial Group had been working in partnership to develop a blockchain-powered system that would facilitate money transfers between users based on their mobile phone numbers.

Business 17 May 2018

Japanese bank MUFG to trial own cryptocurrency in 2019

The test phase for the MUFG Coin will begin sometime in 2019 and will see the cryptocurrency being issued to about 100,000 of the bank’s account holders.

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