Tagged: haruhiko kuroda

CBDC: Bank of Japan and Nation’s Financial Service Agency Held Talks to Determine Whether to Issue Central Bank Digital Currency

Central bank heads and finance ministers recently held discussions regarding crypto-asset regulations at the G-20 summit.  Japanese officials working at the Bank of Japan (BOJ), the nation’s Ministry of Finance (MOF), and Financial Services Agency (FSA) have held talks in order to determine whether the… Read More

Libra Could Have “Huge Impact On Society” Says Bank of Japan Governor Haruhiko Kuroda

The governor of the Bank of Japan (BoJ) Haruhiko Kuroda has requested the international community to work together to develop a regulatory framework for stablecoins, including Facebook’s Libra. In statements shared with Reuters on Tuesday, Kuroda noted: “If Libra is introduced, it could have a… Read More

Bank of Japan Officials Fear Facebook Coin Could Destabilize Global Financial Systems

Officials at the Bank of Japan, Japan’s central bank, are reportedly concerned that Facebook’s new “difficult to regulate” cryptocurrency could have a calamitous effect on global financial systems, all while exploiting those very systems without paying the costs, Nikkei Asian Review (NAR) reports. Legislators in… Read More

Brief: Bank of Japan Considers Fintech Viable Option for Central Banking

Bank of Japan Governor Haruhiko Kuroda said the central bank may finally apply fintech to its future operations  given its growing influence on global payments, settlements and financial services, reported Reuters. Signaling that the BOJ is ready to initiate research to promote Japanese fintech given it has “various… Read More

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