Latest MUFG News: Finextra Research

Japanese banks pilot stablecoin-based cross-border payments

Japanese banks MUFG, SMBC and Mizuho are participating in a pilot using stablecoins and the Swift network for cross-border payments.

10 September 2024

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Coinbase enters Japan through MUFG partnership

US crypto exchange Coinbase is launching in Japan through a partnership with local banking giant Mitsubishi UFJ Financial Group (MUFG).

19 August 2021

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Japanese banks explore common digital currency settlement infrastructure

Japan's three biggest banks are investigating the creation of a digital currency settlement infrastructure.

05 June 2020

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MUFG appoints digital lead CEO

After just a year in the job, Mitsubishi UFJ Financial Group CEO Kanetsugu Mike is being replaced by the Japanese giant's digital chief Hironori Kamezawa.

17 January 2020

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MUFG disputes reports of digital currency joint venture

Japan's MUFG has refuted media reports that it is preparing to launch a a digital currency as part of a payments joint venture with human resources outfit Recruit Group.

04 December 2019

/crypto

MUFG leads security token consortium

Japanese financial services giant MUFG is leading a new Security Token (ST) Research Consortium, working on infrastructure that enables automatic securities and fund settlement via blockchain technology.

08 November 2019

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Securitize secures big bank backing in $14 million funding round

Santander InnoVentures, MUFG and Nomura have joined in a $14 million funding round for token issuance technology provider Securitize.

24 September 2019

/crypto

Big banks create Utility Settlement Coin company

Some of the world's biggest financial services firms - including Barclays, Nasdaq and UBS - have pumped £50 million into a new venture building a Utility Settlement Coin (USC), an asset-backed digital cash instrument implemented on distributed ledger technology.

03 June 2019

/crypto

MUFG joins Series B round in Chainalysis

Cryptocurrency compliance outfit Chainalysis has raised an additional $6M to close its $36M Series B round with an investment from Japan’s largest financial institution, MUFG, as well as Tokyo-headquartered VC Sozo Ventures.

16 April 2019

/crypto

Mizuho Bank prepares roll out of proprietary digital currency

Mizuho Bank is to launch its well-trailed proprietary digital currency in March, with the support of 60 regional domestic banks.

04 January 2019

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