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Major Japanese Fintech Company Reveals Plans to Launch Crypto Exchange This Year via @cointelegraph

As reported by CoinTelegraph, “Money Forward Inc., the operator of one of Japan’s most popular personal budgeting apps, has announced its plans to launch a crypto asset exchange this year, in a company press release Wednesday, May 23. “A new subsidiary, MF Financial Co., Ltd., that launched today will be devoted to the company’s new crypto […]

By Chris Sykora · May 23, 2018
Major Japanese Fintech Company Reveals Plans to Launch Crypto Exchange This Year via @cointelegraph

As reported by CoinTelegraph, “Money Forward Inc., the operator of one of Japan’s most popular personal budgeting apps, has announced its plans to launch a crypto asset exchange this year, in a company press release Wednesday, May 23.

“A new subsidiary, MF Financial Co., Ltd., that launched today will be devoted to the company’s new crypto exchange project, and will be headed by a member of Money Forward’s Blockchain and Virtual Currency Laboratory.

“The press release outlines MF’s plans to first launch a crypto media platform by summer 2018, followed by a crypto asset exchange and the construction of a digital assets remittance and settlement system, which the MF Laboratory has been researching since December 2017.”