Altcoins Talks - Cryptocurrency Forum
Further Discussions => Banks & Cryptos => Topic started by: Galaxy on September 11, 2020, 12:28:36 PM
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Japan is in no rush to digitize the yen but there are reasons the country should think seriously about a central bank digital currency (CBDC), said Tetsuya Inoue, formerly of the Bank of Japan (BoJ) and now a chief researcher at the Nomura Research Institute. Inoue is the author of a book on a digital yen.
Inoue told CoinDesk Japan in a recent interview that as Japanese banknotes are highly trusted, and there isn’t a considerable unbanked population, there is no rush to issue a digital currency.
Info link: https://www.coindesk.com/japan-digital-yen