Bank of Tokyo-Mitsubishi says testing its own digital currency


  • TECH
  • Wednesday, 15 Jun 2016

A Bitcoin (virtual currency) paper wallet with QR codes and a coin are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, May 27, 2015. REUTERS/Benoit Tessier/File Photo

NEW YORK: Bank of Tokyo-Mitsubishi UFJ confirmed on June 14 it is conducting experiments on a digital currency utilising the technology behind the virtual currency bitcoin.

The statement came following a report from the Asahi Shimbun newspaper last week that the bank will soon issue a virtual currency that will be available next year.

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