On July 2, the Bank of Japan (BoJ), Japan’s central bank, published a report titled “Technical challenges of CBDC: Central Bank Digital Currency as the cash equivalent.” In this report, the BoJ focuses on the technical challenges of central bank digital currency (CBDC). Most major central banks around the world anticipate the deployment of CBDCs in the decade ahead. The report explore the technical issues that need to be solved in order for a CBDC to have the same properties as cash.
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