Japan’s Central Bank Will Test Digital Yen Cautiously
Over the past years, developed and developing countries have shown a growing interest in central bank digital currency (CBDC). The...
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BoJ official says digital yen won’t be used to achieve negative interest rate
The Bank of Japan (BoJ) has said that its Central Bank Digital Currency (CBDC), the digital yen, will not be...
BOJ: Yen back under pressure as BOJ steps in Bitcoin takes a leap
HONG KONG: The Japanese yen resumed its slide on Monday morning, after the Bank of Japan stepped into the market...
Japan’s Largest Bank to Issue Stablecoin Pegged to Yen
Japan’s largest bank, the trust banking arm of Mitsubishi UFJ, will issue a stablecoin pegged to the yen. The bank...
Digital Yen Will Not Benefit Japan’s Financial Network, Former BOJ Official Claims
Hiromi Yamaoka – the former leader of the Bank of Japan’s financial settlement department – urged the institution to avoid...
Former BOJ official warns against use of digital yen in the financial sector
A former Bank of Japan (BOJ) official who reportedly headed the digital currency research is now advising against its use.According...
Japan’s central bank urged to speed up digital yen project
Japan’s central bank digital currency (CBDC) project so far has been modest. It only started the experiment in April, with...