• Japan lawmakers to propose digital yen
    Cryptocurrencies,  Politics

    In Japan, a digital yen may be on the horizon

    Lawmakers for the country’s ruling party say they are working on a proposal for a state-backed digital currency

    Japanese lawmakers are working on a proposal for the country to issue its own digital currency, according to a report in Reuters Friday. A digital yen could be a collaboration between the government and private companies, a key lawmaker in the country told Reuters Thursday.