Mitsubishi Ufj Financial Group news and trends

Japan Considers Loosening Crypto Rules as Companies Launch Blockchain Initiatives
Blockchain // September 17, 2024

Japan is reportedly considering whether to loosen its rules for the crypto industry. This consideration is being driven in part by a growing number of Japanese firms that are exploring blockchain-related initiatives, Bloomberg reported Tuesday (Sept. 17). Prime Minister Fumio Kishida has prioritized Web3, but...

Philippines-Based Mobile Wallet GCash Valued at $5 Billion
Mobile Wallets // August 04, 2024

Mynt, owner of the Philippines’ mobile wallet GCash, is now valued at $5 billion. The company became the Southeast Asian country’s first $5 billion unicorn last week following investments from Ayala Corp. and Japan’s Mitsubishi UFJ Financial Group (MUFG).  “GCash is an indispensable infrastructure for...

Bitcoin Daily: MUFG To Issue Crypto For Payment App; Unsuccessful Hackers Demanded $7.5M In Crypto...
Bitcoin // July 20, 2020

Mitsubishi UFJ Financial Group (MUFG), the biggest banking enterprise in Japan, is scheduled to release a cryptocurrency later this year, CoinDesk reported. The digital currency will be rolled out with the help of a holding company in Japan called Recruit Group that runs Hot Pepper...

MUFG Shifts Focus To Digital Investments To Grow Customer Base
International // July 13, 2020

Once on a mission to buy up Southeast Asian banks, Japan’s biggest lender is now focused on digital investments to reach new customers and streamline operations, Bloomberg News reported. The CEO of Tokyo-based Mitsubishi UFJ Financial Group Inc. (MUFG) told the news service he prefers...

Quick Reads
Japan Considers Loosening Crypto Rules as Companies Launch Blockchain Initiatives

September 17, 2024
Japan is reportedly considering whether to loosen its rules for the crypto industry. This consideration is being driven in part by a growing number of Japanese firms that are exploring blockchain-related initiatives, Bloomberg reported Tuesday (Sept. 17). Prime Minister Fumio Kishida has prioritized Web3, but his tenure is nearing an end, and it is not […]

Philippines-Based Mobile Wallet GCash Valued at $5 Billion

August 04, 2024
Mynt, owner of the Philippines’ mobile wallet GCash, is now valued at $5 billion. The company became the Southeast Asian country’s first $5 billion unicorn last week following investments from...

Bitcoin Daily: MUFG To Issue Crypto For Payment App; Unsuccessful Hackers Demanded $7.5M In Crypto...

July 20, 2020
Mitsubishi UFJ Financial Group (MUFG), the biggest banking enterprise in Japan, is scheduled to release a cryptocurrency later this year, CoinDesk reported. The digital currency will be rolled out with...

MUFG Shifts Focus To Digital Investments To Grow Customer Base

July 13, 2020
Once on a mission to buy up Southeast Asian banks, Japan’s biggest lender is now focused on digital investments to reach new customers and streamline operations, Bloomberg News reported. The...