World’s 5th Biggest Bank to Launch ‘Digital Currency’ Company in 2020

One of Japan’s largest companies, Mitsubishi UFJ Financial Group (MUFG), is set to co-launch a “digital currency” and smartphone-based payment service – in conjunction with Japanese human resources network Recruit.
Per a report from Nikkei, the new joint-venture company will debut in 2020, and will be 49% owned by MUFG, with Recruit owning 51%.
The report claims  Read more »
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