Former Central Bank Official: Japan Should Take a Digital Yen Seriously

2020-9-11 07:00

In an interview with CoinDesk Japan, a former Bank of Japan official said the country has many reasons to seriously consider a digital yen.

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Japan Fears China’s Digital Currency, Suggests Timeline for Digital Yen

Rumors that Japan was preparing plans for a digital yen have been confirmed today. A senior ruling party lawmaker Kozo Yamamoto stated: “the sooner the better. ” Digital Yen to Counter Libra Threat As part of a six-central-bank coalition including the UK, Sweden, and the EU, Japan appeared to be taking a slow but steady approach toward a state-backed digital currency.

2020-2-10 15:00


Фото:

Japanese Lawmakers to Propose Digital Yen in Response to China’s Digital Yuan 

A group of Japanese lawmakers from the country’s ruling Liberal Democratic Party is planning on a proposal for Japan to issue a national digital currency, otherwise known as the digital yen. The need to develop a digital yen would seek to counter China’s digital yuan; meanwhile, more central banks across the globe are either studyingRead MoreRead More.

2020-1-26 02:00


Breaking: Japanese cryptocurrency exchange BitPoint hacked; 7 billion yen compromised

Ring in the hacking bells once again. BitPoint, a licensed Japanese cryptocurrency exchange, has been hacked, leaving over 7 billion yen [$64. 6 million USD] compromised. Japan is the latest to join the list of countries with crypto-exchanges subjected to cyber-attacks, joining the likes of South Korea, Canada, and New Zealand.

2019-7-12 09:30