January 28, 2022
TOKYO (Reuters) – Japan must cooperate with Europe and the United States in creating a global standard on the technical aspects of issuing a central bank digital currency (CBDC), the chief of the central bank said on Friday.
While the Bank of Japan had made no decision yet whether to issue its own digital currency, it was proceeding with experiments and a plan to deliberate on specific designs of one, Governor Haruhiko Kuroda told parliament.
(Reporting by Leika Kihara; Editing by Clarence Fernandez)
Source: One America News Network
