Japan: no national digital currency on the horizon

The Bank of Japan has indicated that it is not planning on introducing a national cryptocurrency.

In closing remarks at a conference with the International Monetary Fund and the Financial Services Agency on financial innovation in Asia this week, BoJ Deputy Governor Masayoshi Amamiya said that issuing a central bank digital currency for general use would affect the existing two-tiered currency system and private banks' financial intermediation.


Download PDF Share Back To Listing
Loading data