Published 1 year ago

Kuroda says BOJ needs to be ready to issue digital yen

Summary by Ground News

The central bank will start a pilot programme in April to test the use of a digital yen. It joins a growing number of countries seeking to catch up with front-runner China in launching a CBDC. The pilot programme will follow two years of experiments it had been conducting.

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Reuters

Kuroda says BOJ needs to be ready to issue digital yen

The Bank of Japan must be ready to issue central bank digital currencies (CBDC) that coexist with various other forms of money to offer the public a safe digital payment system, its governor Haruhiko Kuroda said on Tuesday.

1 year ago·United Kingdom

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Channel News Asia

Kuroda says BOJ needs to be ready to issue digital yen

TOKYO : The Bank of Japan must be ready to issue central bank digital currencies (CBDC) that coexist with various other forms of money to offer the public a safe digital payment system, its governor Haruhiko Kuroda said on Tuesday.The central bank will start a pilot programme in April to test the use of a

1 year ago·Singapore

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