Japan’s Central Bank to Begin Digital Yen Feasibility Pilot

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Japan’s Central Bank to Begin Digital Yen Feasibility Pilot

The central Bank of Japan (BoJ) will conduct a controlled pilot for a central bank digital currency (CBDC) to see how a digital yen would function from a technical standpoint.
The BoJ said it will begin a Proof-of-Concept (PoC) and wants to test the digital fiat in a controlled environment before deciding whether or not to proceed.
The bank made its intentions clear  Read more »
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