Bank of Japan Initiates Discussion With 60 Firms on Pilot Programme for Digital Yen

Bank of Japan Initiates Discussion With 60 Firms on Pilot Programme for Digital Yen

ByNews Polite

The Bank of Japan on Thursday kicked off a series of discussions with 60 companies on a pilot programme for developing a digital yen, joining peers around the globe ramping up efforts towards issuing digital versions of their currencies for retail use. The discussions will touch on various themes including…

Japan Said to Step Up Efforts in Issuing Digital Yen With Creation of New Panel, Start of Pilot Programme

Japan Said to Step Up Efforts in Issuing Digital Yen With Creation of New Panel, Start of Pilot Programme

ByNews Polite

Japan is stepping up efforts toward issuing a digital yen with the creation of a government advisory panel and the launch of a pilot programme, joining a growing number of countries exploring a central bank digital currency (CBDC). The finance ministry will set up a panel of experts as early…

Japanese CBDC’s Pilot to Go Live in April, New Forum to Register Consultations from Insiders

Japanese CBDC’s Pilot to Go Live in April, New Forum to Register Consultations from Insiders

ByNews Polite

Japan is all set to catch up with nations like India, China, and Russia in expediating the development and trials of its central bank digital currency (CBDC). The Asian nation is set to launch its digital currency in its pilot phase starting April. The development was announced on Friday, February…