Oct 12, 2020 at 13:53 UTC.Bank of Japan Governor Haruhiko Kuroda said Monday that the central bank will begin experiments on a central bank digital currency in the spring, Reuters reported.
The experiments will seek to determine requirements and principles for the issuance of a potential digital yen.
Kuroda also made clear his preparedness to impose added monetary easing steps, saying the BOJ still has tools at its disposal to fight the economic effects of the pandemic.
Last week, South Korea's central bank also said recently it will run trials of a CBDC during 2021, though it hasn't decided if a launch will follow.
China's digital yuan is already in extensive testing, with the deputy governor of the People's Bank calling this weekend for its launch to be accelerated.
BOJ's Kuroda Says Central Bank Will Start CBDC Experiments in Spring: Report
gepubliceerd op Oct 12, 2020
by Coindesk | gepubliceerd op Coinage
Coinage
Recent nieuws
Alles zien
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.