Bank of Japan’s Year-long Digital Yen Pilot Begins this Spring

The central Bank of Japan (BoJ) is set to launch a pilot for a digital yen this Spring, although the central bank is still a long way from making up its mind on whether it will push ahead with issuance.
Per NHK, the BoJ appears to be aware that China, which is already committed to launching its own central bank digital currency (CBDC), is “leading the way in this …More

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