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With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. The news comes as more details about the digital Chinese yuan indicate its main purpose will be to substitute … Read more
Link, the proprietary token messaging app Line, will launch trading for Japan in April Go to Source Powered by WPeMatico
This week’s news from Japan includes Coincheck topping app download rankings, Japan’s central bank forecasting CBDC demand and more Go to Source Powered by WPeMatico
The Bank of Japan must be ready to respond to technical developments and public sentiment about central bank digital currencies, its deputy governor says Go to Source Powered by WPeMatico
This week’s news from Japan includes digital currency interest from several central banks and authorities, cryptocurrency exchange Binance and more Go to Source Powered by WPeMatico
Japan has positioned itself as an interesting region for cryptocurrency activity. This also means that the country may be issuing its own digital currency in the near future. For now, there are nothing more than actual. Does Japan Even Need a CBDC? However, several domestic reports indicate that a CBDC in Japan may come sooner … Read more
U.S. President Donald Trump spoke at the World Economic Forum in Davos, Switzerland Tuesday saying the U.S. and other nations are “forced to compete … with nations that are getting negative rates, something very new.” Trump took direct shots at the U.S. Federal Reserve, claiming they’ve not lowered rates quickly enough. The harsh words echo … Read more
In an unexpected turn of events, Japanese lawmakers are set to propose a digital yen Go to Source Powered by WPeMatico
A former employee of a Japanese blockchain project has been arrested for stealing its Bitcoin funds in 2018 Go to Source Powered by WPeMatico
The former head of payments and settlements at the Bank of Japan says Facebook’s Libra spurred institutions to look seriously into digital currency issuance Go to Source Powered by WPeMatico