MUFG Partners With Coinbase To Allow 40 Million Customers To Buy Bitcoin In Japan

Today, Coinbase announced that it is launching in Japan through a new partnership with one of the largest banks in the country, Mitsubishi UFJ (MUFG) Financial Group. The partnership will allow 40 million MUFG account holders to quickly access and begin buying Bitcoin on Coinbase.

The head of Coinbase Japan, Nao Kitazawa commented, “We aim to reach out to a wide range of customers by offering low-hurdle services.”

Coinbase customers in Japan will have immediate access to Bitcoin buying through MUFG’s Quick Deposit platform. Notably, MUFG is an exclusive payment partner with Coinbase, meaning only account holders at MUFG will have access to Bitcoin through Coinbase in Japan, according to Kitazawa.



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