Bank of Japan Sets CBDC Pilot Programme In Motion

The Bank of Japan is going to launch a pilot program for issuing a digital yen in April, bringing Japan one step closer to launching a CBDC. The Bank of Japan (BOJ) announced yesterday that it will begin issuing a digital yen through a pilot program in April. Bank of Japan Contemplating Upon Its CBDC Plan for Two Years For the past two years, the BOJ has been testing whether or not to issue a CBDC. In his opening remarks to the central bank’s meeting with executives from the private sector, BOJ Executive Director Shinichi Uchida stated that the pilot The post Bank of Japan Sets CBDC Pilot Programme In Motion appeared first on Cryptoknowmics-Crypto News and Media Platform .