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Bank of Japan intensifies CBDC research

by CBDC Insider Staff
August 9, 2020
in Asia, Business
Reading Time: 1min read
0
Bank of Japan intensifies CBDC research
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The Bank of Japan has created a dedicated team to intensify its work on a central bank-issued digital currency, or CBDC. The move comes after the Japanese government urged it to speed up its CBDC research, warning that Chinese efforts could threaten the country’s security. The central bank has appointed Kazushige Kamiyama, director-general of the BoJ’s research and statistics department, to lead the dedicated team. The team works within the BoJ’s payment and settlement systems department

Continue read: https://www.centralbanking.com/central-banks/financial-market-infrastructure/7665061/bank-of-japan-intensifies-cbdc-research

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