The Bank of Japan will reportedly join a host of other countries in testing a central bank digital currency (CBDC) next year in experiments with three of the country’s banks. According to a report by Nikkei Wednesday (Nov. 23), the bank will conduct the tests...
The Bank of Japan is the latest to look into creating a central bank digital currency (CBDC), according to a news release. The first phase of an experiment began Monday (April 5) and consists of the bank conducting experiments on the basic functions for CBDCs...
Bitcoin is briskly getting close to the peaks that brought about a crypto madness and concluded with a dramatic market downfall nearly three years prior, Bloomberg reported. The digital currency reached a high of approximately $17,860 on Tuesday (Nov. 17). It has risen by over...
Amid increased interest in cryptocurrencies from policy makers and central banks due to China’s intentions to issue a digital yuan, a Bank of Japan official said the bank’s move to roll out a cryptocurrency would hinged on public support, Bloomberg reported. “At the end of...
April 03, 2024
Tokenization is gaining momentum on the global stage, and with commercial applications. The Bank for International Settlements announced Wednesday (April 3) that it is working in tandem with seven central banks — including the Federal Reserve Bank of New York — to test tokenization in a bid to improve cross-border payments. In addition, Project Agorá, as the initiative is known, will […]
November 23, 2022
The Bank of Japan will reportedly join a host of other countries in testing a central bank digital currency (CBDC) next year in experiments with three of the country’s banks. According to a report by Nikkei Wednesday (Nov. 23), the bank will conduct the tests in the spring of next year, working with private lenders […]
April 05, 2021
The Bank of Japan is the latest to look into creating a central bank digital currency (CBDC), according to a news release. The first phase of an experiment began Monday...
November 17, 2020
Bitcoin is briskly getting close to the peaks that brought about a crypto madness and concluded with a dramatic market downfall nearly three years prior, Bloomberg reported. The digital currency...
October 23, 2020
Amid increased interest in cryptocurrencies from policy makers and central banks due to China’s intentions to issue a digital yuan, a Bank of Japan official said the bank’s move to...
