Express

Bank Of Japan To Conduct Empirical Test On Digital Currency Issued By Central Bank

Tracy CHEN

Summary: The Bank of Japan is preparing to officially start an empirical test on central bank digital currency (CBDC). It is reported that the start time of the empirical test has not yet been determined, and the senior central bank official Takeshi Kimura said that they will consider cooperation with private sectors. The basic function of CBDC ...

The Bank of Japan is preparing to officially start an empirical test on central bank digital currency (CBDC). 
It is reported that the start time of the empirical test has not yet been determined, and the senior central bank official Takeshi Kimura said that they will consider cooperation with private sectors. The basic function of CBDC needs to possess two important characteristics: "universality" and "strength."

Tracy Chen

Last Update:

Tags:
Link: Bank Of Japan To Conduct Empirical Test On Digital Currency Issued By Central Bank   [Copy]
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 13 hours ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 4 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 7 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 11 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 13 days ago
  • You need to login to comment.