US EditionCashless Payment Becomes the Norm, Pushing Japan to Innovate
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Cashless Payment Becomes the Norm, Pushing Japan to Innovate
Japan is gearing up to innovate and introduce robust payment systems as its economy gradually becomes cashless. Bank of Japan’s (BOJ) Executive Director Kazushige Kamiyama said that while the country does not have any firm stance on CBDCs yet, it must develop other payment options as society becomes increasingly cashless. According to an article published on 4 June 2025 by Reuters, Kamiyama said that while banknotes are still in high circulation…
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