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Nalezeno "Digital Yen": 37

Japanese Government, Central Bank Readying CBDC Legislation

30.1.2024
Japan is nearing the launch of its CBDC, the digital yen, with the government and central bank laying the legislative groundwork for a rollout. Neither the Bank of Japan (BoJ) nor the government has yet officially committed to a CBDC launch. However, the BoJ has recently sped up the development...

Japan launches digital yen pilot project after second successful proof of concept

29.5.2023
With the end of the proofs of concept, the Bank of Japan has initiated its CBDC pilot and plans more to gather more public and business feedback

Japan plans to form expert panel to explore digital yen: Report

30.3.2023
The ministry’s panel will reportedly focus on developing a framework for a central bank digital currency based on a technical study carried out by the Bank of Japan over the past two years

Japan's Finance Ministry to Explore Digital Yen Feasibility: Report

30.3.2023
The ministry plans to launch an expert panel next month to explore the feasibility of a central bank digital currency

Bank of Japan to Launch Digital Yen CBDC Pilot Later This Year

22.2.2023
The Bank of Japan is preparing to launch a pilot test for a digital yen, its central bank digital currency (CBDC), later this year. Shinichi Uchida, executive director of the Bank of Japan, explained that the goals of this new pilot are to test the technical feasibility of the currency and...

Japan Will Launch Pilot for Issuing Digital Yen In April

17.2.2023
Japan will launch a pilot programme in April to test the use of its version of the central bank digital currency (CBDC) known as the digital yen, its central bank said on Friday. The move comes after more than two years of proof-of-concept experiments by the BoJ around the digital yen

Bank of Japan to Launch Digital Yen Pilot Program Next Year

26.11.2022
The Bank of Japan is preparing to run a test trial of its own central bank digital currency (CBDC), the digital yen, with help from three top banks and regional institutions. The pilot program, estimated to last two years, will focus on testing the currency via several transactions,...

Japanese Digital Yen Pilot to Begin ‘in Early 2023’

25.11.2022
The Japanese central bank could begin piloting the digital yen as early as spring 2023 and will reportedly start a trial involving “consumers and private sector companies.”... Read More: Japanese Digital Yen Pilot to Begin ‘in Early 2023’

Bank of Japan to trial digital yen with three megabanks

23.11.2022
The Japanese central bank plans to make a decision on whether to issue a digital currency by 2026

BoJ official says digital yen won’t be used to achieve negative interest rate

14.4.2022
The Bank of Japan’s Executive Director announced that the eagerly-awaited digital yen won’t be used to attain negative interest rates

Former BOJ official warns against use of digital yen in the financial sector

31.1.2022
Hiromi Yamaoka is currently heading a private forum of 74 companies that is planning to launch a private digital currency

Japan's financial regulators may propose legislation in 2022 restricting stablecoin issuance

6.12.2021
The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year

Ripple Partners With Republic of Palau, 74 Japanese Firms to Issue a Digital Yen + More News

24.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ ... Read More: Ripple Partners With Republic of Palau, 74 Japanese Firms to Issue a Digital Yen + More News

Japanese Ruling Party Official Says Digital Yen Clarity Will Be Revealed in 2022

6.7.2021
While the U.S. ramps up discussions of a digital dollar and China’s central bank digital currency (CBDC) draws near, Japan’s CBDC, otherwise known as the digital yen, is getting closer to its realization as well. Japan’s ruling Liberal Democratic Party member, Hideki Murai...

Japan’s finance industry awaits clearer picture of digital yen in 2022

5.7.2021
The digital yen should be compatible with other CBDCs to counter China’s progress with its digital yuan, one official argued

Japanese Central Bank Starts Testing on Digital Yen

5.4.2021
The Bank of Japan headquarters. The central Bank of Japan (BoJ) has come good on its promises to begin testing a prototype for a digital yen before the end of Spring. Per Reuters, the BoJ has begun a series of tests that will run until March 2022, and will test the “technical feasibility...

Bank of Japan’s Year-long Digital Yen Pilot Begins this Spring

22.2.2021
The central Bank of Japan (BoJ) is set to launch a pilot for a digital yen this Spring, although the central bank is still a long way from making up its mind on whether it will push ahead with issuance. Per NHK, the BoJ appears to be aware that China, which is already committed to launching its...