Bank of Japan to begin digital currency pilots in 2021
In a recent document from the Bank of Japan, the central bank stressed the need for offline availability. Go to Source Powered by WPeMatico
Bank of Japan
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Senior Japanese official fears China being ‘first-mover’ in digital currency
China might gain control over global CBDC standards, a Japanese official warns. Go to Source Powered by WPeMatico
Central banks detail CBDC expectations in massive joint document
The report is a major step towards pushing central bank digital currencies forward. Go to Source Powered by WPeMatico
Bank of Japan Appoints Top Economist to Head Up CBDC Research Team
The Bank of Japan insists it has no immediate plans to issue a digital yen, but research into the potential of CBDCs continues apace. Go to Source Powered by WPeMatico
Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low
Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end of the year. Meanwhile, bank indexes show that financial institutions … Read more
Japan’s Covid-19 Stimulus Payments Didn’t Flow Into Crypto
Covid-19 relief money does not seem to have been spent by many Japanese on cryptocurrencies. Go to Source Powered by WPeMatico
Bank of Japan Has New CBDC Research Team But No Plans to Launch
Bank of Japan has announced the launch of a new CBDC research team, which will continue the work of its previous CBDC research team. Go to Source Powered by WPeMatico
Japan Should Urge US to Hurry Up With Digital Dollar Says Fisco Exec.
Japan may need to rely on the United States to have some influence over the development of digital currencies. Go to Source Powered by WPeMatico
Japanese Government Set to Include CBDC in Official Economic Plan
The Japanese government is getting serious about a CBDC. Go to Source Powered by WPeMatico
Bank of Japan Will Begin Experimenting With a Digital Yen
The Bank of Japan announced on Thursday that it would experiment with a CBDC to check its feasibility from a technical perspective. Go to Source Powered by WPeMatico
