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70 Japanese companies have teamed up to form a consortium to launch yen-based digital currency
News
70 Japanese companies have teamed up to form a consortium to launch yen-based digital currency
News

70 Japanese Companies Form Consortium to Launch Yen-based Digital Currency

In a bid to launch a new yen-based digital currency in 2022, about 70 Japanese companies have come together to form a consortium. The association which has some of the country’s biggest financial institutions joining in, is sending a strong signal that the private sector may have just started embracing blockchain-based payment systems too. 70

In a bid to launch a new yen-based digital currency in 2022, about 70 Japanese companies have come together to form a consortium. The association which has some of the country’s biggest financial institutions joining in, is sending a strong signal that the private sector may have just started embracing blockchain-based payment systems too. 70

News
News

Japan’s Central Bank to Start CBDC Feasibility Tests Next Month Onwards

As the CBDC developments catch pace worldwide, the Bank of Japan is making its own moves. On Friday, March 26, the Japanese central bank said that it will start the feasibility study and test of its own CBDC – Digital Yen – starting next month. The announcement comes just a day after the People’s Bank

As the CBDC developments catch pace worldwide, the Bank of Japan is making its own moves. On Friday, March 26, the Japanese central bank said that it will start the feasibility study and test of its own CBDC – Digital Yen – starting next month. The announcement comes just a day after the People’s Bank