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digital yen

Bank of Japan issues latest report on ‘digital yen’ CBDC investigation
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2 May, 2024

Bank of Japan issues latest report on ‘digital yen’ CBDC investigation

A regular update published this month by the Bank of Japan's Payment Services Department looks at what additional functions a...
Sony Bank explores yen-pegged stablecoin
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12 April, 2024

Sony Bank explores yen-pegged stablecoin

Sony Bank is working with Belgian startup SettleMint on a proof-of-concept, with the stablecoin set to be used in other...
Japan should issue digital yen ‘without delay,’ expert panel recommends
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20 December, 2023

Japan should issue digital yen ‘without delay,’ expert panel recommends

The panel under the Finance Ministry says the digital yen must co-exist alongside—not replace—cash and be easily usable "by anyone,...
Japan digital yen pilot is a go after successful second proof-of-concept
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1 June, 2023

Japan digital yen pilot is a go after successful second proof-of-concept

The Bank of Japan clarified that it has yet to decide on launching a digital yen but will open a...
Japan to set up panel to explore digital yen: report
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5 April, 2023

Japan to set up panel to explore digital yen: report

The panel will launch in April under the Finance Ministry and will build on the two years’ worth of studies...
Bank of Japan governor confident in CBDC’s ability to coexist with other forms of payment
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31 March, 2023

Bank of Japan governor confident in CBDC’s ability to coexist with other forms of payment

BoJ Governor Haruhiko Kuroda believes that while CBDC won't completely replace existing forms of payments, it is critical in boosting...
Bank of Japan set to launch CBDC pilot after 2 years of experiment
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22 February, 2023

Bank of Japan set to launch CBDC pilot after 2 years of experiment

The central bank digital currency pilot in April will center on testing technical areas not covered by the initial PoC...
Bank of Japan to issue experimental digital yen in 2023
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28 November, 2022

Bank of Japan to issue experimental digital yen in 2023

The central bank stated that the pilot would be conducted with a trio of mega banks and regional banks with...
Japan’s credit bureau to pilot CBDC cards ahead of full-scale launch
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28 October, 2022

Japan’s credit bureau to pilot CBDC cards ahead of full-scale launch

In collaboration with France's IDEMIA and Malaysia's Softspace, the Bank of Japan will pilot a project in preparation for the...
Bank of Japan begins second phase of CBDC testing
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1 April, 2022

Bank of Japan begins second phase of CBDC testing

The BOJ completed the first phase, which started in April last year, in which it focused on the basic functions...
Japan’s digital yen to prioritize simplicity and interoperability
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21 October, 2021

Japan’s digital yen to prioritize simplicity and interoperability

Japan’s central bank will uphold simplicity in its design of a CBDC, with a senior official saying this is key...
Japan forms unit to oversee digital currencies as it steps up regulation efforts
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22 July, 2021

Japan forms unit to oversee digital currencies as it steps up regulation efforts

The country’s financial services regulator has reportedly established a new unit that will oversee the industry, even as the Finance...