Express

Bank Of Japan Bank Must Be Ready To Issue Digital Currencies Says Deputy Governor

Roland James

Summary: Masayoshi Amamiya, the deputy governor of the Bank of Japan (BOJ), stated that the Bank of Japan needs to be prepared to issue digital currencies in case of rapid technical advances in settlement systems boosting public demand. The BOJ currently has no current plans for issuing a central bank digital currency (CBDC) as they have ...

Masayoshi Amamiya, the deputy governor of the Bank of Japan (BOJ), stated that the Bank of Japan needs to be prepared to issue digital currencies in case of rapid technical advances in settlement systems boosting public demand.

The BOJ currently has no current plans for issuing a central bank digital currency (CBDC) as they have found many factors still must be analyzed, such as as the impact on monetary policy and measures to ensure strict security standards.

By Roland James

Last Update:

Tags: ,,
Link: Bank Of Japan Bank Must Be Ready To Issue Digital Currencies Says Deputy Governor   [Copy]
Next:

Related Articles

  • S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 4 hours ago
  • Why a "One-Size-Fits-All" Approach to Stablecoin Issuance Fails Given Diverse Fiat Curr... 1 day ago
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 6 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 7 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 18 days ago

    • You need to login to comment.