Mitsubishi UFJ Financial Group, Japan's largest bank, continuesprepare to launch their own cryptocurrency, howeverHowever, according to a recent statement by representatives of the bank, the launch date of the project has been postponed to a later date.
The company is going to use cryptocurrency in the field of mobile payments.According to local media reports, mobile payment apps across the country will begin touse the new digital currency as a
As part of the new service, users will be able to convert their funds in the MUFG bank account into a new coin.
According to the bank's statement, the payment platform will be launched in the first half of next year.
As previously reported, the testing of the MUFG coin began in May last year as part of an experiment to study options for using blockchain technology in the financial sector.
Based on materialswww.fxstreet.com
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