Coinbase Names Mitsubishi UFJ as Banking Partner in Exchange’s Japanese Expansion

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Mitsubishi UFJ Financial Group will provide Coinbase's Japanese customers access to the exchange via its MUFG Quick Deposit product.
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U.S. cryptocurrency exchange Coinbase is partnering with one of Japan’s largest banks to launch Coinbase Japan as part of a larger effort to expand worldwide.

According to a blog post on Wednesday, Mitsubishi UFJ Financial Group (MUFG), a bank with over 40 million Japanese customers, will provide “MUFG Quick Deposit” for Coinbase’s local users.

No further information on the deposit product was provided.
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