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BOJ’s Kuroda Criticizes Bitcoin — Central Bank Governor Says Trading Is ‘Barley Used for Settlement’
28.5.2021
Following the recent developments in China and the environmental concerns about bitcoin’s energy consumption, the Bank of Japan Governor Haruhiko Kuroda criticized the leading crypto asset bitcoin in an interview on Thursday. BOJ’s Kuroda Says Bitcoin ‘Volatility...
Bank of Japan governor slams Bitcoin, calls BTC a speculative asset
28.5.2021
The BOJ governor says Bitcoin is a speculative play while issuing warnings over price volatility
Bank of Japan Identifies DeFi Pros & Cons, Mentions Uniswap, Yield Farming
7.5.2021
The Bank of Japan headquarters. A Bank of Japan (BoJ)-issued review has tackled the topic of decentralized finance (DeFi) – and has concluded that while certain “risks” are entailed with DeFi adoption, there could be some positive aspects to greater DeFi proliferation.
The review was published...
Bank of Japan begins first digital currency proof of concept
5.4.2021
The first phase of Japan's CBDC pilots will be completed by March 2022, the central bank states
Bank of Japan governor says CBDC preparation can't wait until hour of need
16.3.2021
In fresh remarks, Bank of Japan Governor Kuroda Haruhiko said that experiments with a domestic central bank digital currency will begin in spring 2021
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...
Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package
21.12.2020
Japan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with public debt twice the size of its economy, is under pressure to find non-tax revenues to cover...
As Citizens Suffer Central Banks Flush Trading Houses With Trillions, Ease Corporate Strains
10.12.2020
Central banks across the world have been increasing stimulus and letting inflation run high in order to combat the disastrous economic effects of the coronavirus outbreak response. The Bank of Japan has recently become the country’s largest stockholder and the European Central Bank...
A digital yen will make the crypto market ‘more lively,’ says Monex CEO
25.11.2020
Oki Matsumoto, the head of Japanese financial services giant Monex, has welcomed the Bank of Japan's recent interest in central bank digital currency
Japan's megabanks to lead experiment with digital yen
19.11.2020
Could a new, coordinated effort to digitalize the Japanese economy be strong enough to compete with residents' persistent use of cash?
Former Bank of Japan exec says Japan will need years to issue digital yen
17.11.2020
A former Bank of Japan official is concerned about a digital yen triggering massive outflows from private bank deposits
Will they or won't they? Central banks eye each other's digital currency moves
29.10.2020
Canada's central bank recognizes that CBDCs are a necessarily international issue
‘No single digital currency will dominate the world’ Bank of Japan now says
15.10.2020
Japan's policymakers appear disconcerted by the advancement in China's CBDC iniative
Japan must amend central bank laws to issue digital yen, says official
12.10.2020
Japan is getting more serious about the digital yen
Bank of Japan to begin digital currency proof-of-concept in 2021
9.10.2020
In a recent document from the Bank of Japan, the central bank stressed the need for offline availability
Senior Japanese official fears China being ‘first-mover’ in digital currency
9.10.2020
China might gain control over global CBDC standards, a Japanese official warns
Central banks detail CBDC expectations in massive joint document
9.10.2020
The report is a major step towards pushing central bank digital currencies forward
Bank of Japan Puts Top Economist in Charge of Digital Yen Initiative
31.7.2020
The central bank's most senior economist now runs the department responsible for the digital currency task force and working group with other central banks
Bank of Japan Appoints Top Economist to Head Up CBDC Research Team
31.7.2020
The Bank of Japan insists it has no immediate plans to issue a digital yen, but research into the potential of CBDCs continues apace
Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low
31.7.2020
Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end...