Japan prepares for possible launch of digital currency

Japan prepares for possible launch of digital currency

Japan prepares for possible launch of digital currency   Haruhiko Kuroda, governor of the Bank of Japan (BOJ), has said the central bank must “prepare thoroughly” for the possible future need to issue a digital yen. The BOJ has no plans at present for central bank digital currency (CBDC) launch, but Kuroda believes it must be prepared for a change in circumstances that could necessitate one, Reuters reported Tuesday. “From the viewpoint of ensuring the stability and efficiency of the overall payment and settlement systems, it’s important to prepare thoroughly…

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