Express

Bank Of Japan Set To Begin Experimenting With CBDC

Tracy CHEN

Summary: According to bitcoinist, The Bank of Japan (BOJ) announced that it began experimenting with the possibility of issuing its own central-bank digital currency (CBDC). The central bank first entertained the idea of a CBDC back in February.Now, the decision to ramp up their timeline coincides with other nations making strides in creating their own digital currency. ...

According to bitcoinist, The Bank of Japan (BOJ) announced that it began experimenting with the possibility of issuing its own central-bank digital currency (CBDC). The central bank first entertained the idea of a CBDC back in February.
Now, the decision to ramp up their timeline coincides with other nations making strides in creating their own digital currency. China recently laid out its plans to create a digitized Yuan, with several pilot programs already under its belt. In March, the Eastern Carribean Central Bank also officially launched its digital currency.

Tracy Chen

Last Update:

Tags: ,
Link: Bank Of Japan Set To Begin Experimenting With CBDC   [Copy]
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 1 hour ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 14 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 21 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 25 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 28 days ago
  • You need to login to comment.