Bank of Japan Archive
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The digital yen should be compatible with other CBDCs to counter China’s progress with its digital yuan, one official argued.
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The BOJ governor says Bitcoin is a speculative play while issuing warnings over price volatility.
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The first phase of Japan’s CBDC pilots will be completed by March 2022, the central bank states.
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In fresh remarks, Bank of Japan Governor Kuroda Haruhiko said that experiments with a domestic central bank digital currency will begin in spring 2021.
By satoshi
March 16, 2021
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Oki Matsumoto, the head of Japanese financial services giant Monex, has welcomed the Bank of Japan’s recent interest in central bank digital currency.
By satoshi
November 25, 2020
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Could a new, coordinated effort to digitalize the Japanese economy be strong enough to compete with residents’ persistent use of cash?
By satoshi
November 19, 2020
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A former Bank of Japan official is concerned about a digital yen triggering massive outflows from private bank deposits.
By satoshi
November 17, 2020
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Canada’s central bank recognizes that CBDCs are a necessarily international issue.
By satoshi
October 29, 2020
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Japan’s policymakers appear disconcerted by the advancement in China’s CBDC iniative.
By satoshi
October 15, 2020
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Japan is getting more serious about the digital yen.
By satoshi
October 12, 2020
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In a recent document from the Bank of Japan, the central bank stressed the need for offline availability.
By satoshi
October 9, 2020
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China might gain control over global CBDC standards, a Japanese official warns.
By satoshi
October 9, 2020
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The report is a major step towards pushing central bank digital currencies forward.
By satoshi
October 9, 2020
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The Bank of Japan insists it has no immediate plans to issue a digital yen, but research into the potential of CBDCs continues apace.
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Covid-19 relief money does not seem to have been spent by many Japanese on cryptocurrencies.
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Bank of Japan has announced the launch of a new CBDC research team, which will continue the work of its previous CBDC research team.
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Japan may need to rely on the United States to have some influence over the development of digital currencies.
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The Japanese government is getting serious about a CBDC.
