Tagged: virtual yen

CBDCs: Japan Appoints Panel to Determine Feasibility of Issuing a Virtual Yen

March 30, 2023 @ 9:20 am By Omar Faridi |

Japan’s Finance Ministry is reportedly planning to appoint a panel of experts this coming month in order to determine the feasibility of issuing a digital yen. This, according to a report from NHK. The ministry’s panel in Japan will be going over how to establish… Read More

CBDC: Bank of Japan’s Deputy Governor, Masayoshi Amamiya, Says Central Bank Digital Currencies Won’t Offer Significant Benefits to Developed Countries

March 8, 2020 @ 10:27 am By Omar Faridi |

Mature global economies like Japan’s won’t need a virtual currency, according to the deputy governor at the Bank of Japan (BoJ). While attending the Bank for International Settlement’s Future of Payments Forum, deputy governor Masayoshi Amamiya said that a central bank digital currency, or CBDC,… Read More