The Central Bank of Japan has said that needs to be ready to issue a CBDC to offer a “safe” digital payment system to the public. Specifically, Reuters reported the statement from Governor Haruhiko Kuroda on Tuesday.
The country’s central bank is set to begin a pilot program in April to test the functionality of a digital yen. Moreover, they are joining a growing list of countries that are seeking to establish a central bank digital currency for their own perspective nations.
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