Japan Convening Panel on Digital Yen as BoJ Pilot Scheme Gets Underway

14 April 2023

Following the Bank of Japan’s launch this month of a pilot programme to test the use of a digital yen, the Ministry of Finance plans to convene a meeting of experts on April 21 to discuss the way forward. Central banks around the world have scrambled to develop digital currencies to modernize financial systems and facilitate domestic and cross-border payments.

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