17
Jan
The Bank of Japan (BoJ) is considering launching a test program for the digital yen in the spring of 2023. In fact, lan Asian monetary entity started a collaboration with three megabanks and some regional financial institutions to carry out a CBDC issuance pilot (digital currency of the central bank), as published by the local news agency Nikkei. As part of test project, which will last two years, the Bank of Japan will collaborate with major private financial institutions to detect and resolve any issues customers may experience with deposits and withdrawals to traditional bank accounts. According to the report,…
