• Japan central bank digital currencies
    Cryptocurrencies,  Politics,  Technology

    Bank of Japan’s top economist to head up department focused on digital currencies

    Kazushige Kamiyama’s appointment comes as the world’s third-largest economy ramps up efforts to embrace central bank digital currencies as China races ahead in creating one

    Kazushige Kamiyama’s appointment comes as the world’s third-largest economy makes a concerted effort to embrace financial innovation—and avoid being left behind.

  • 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.

  • The Bank of England (George Rex via Flickr, CC-BY-SA).
    Politics

    6 central banks team up to explore digital currencies

    England’s apex bank is joining forces with the Bank of Canada, the Bank of Japan, the European Central Bank, and others to study use cases for central bank digital currencies

    The Bank of England’s statement said the group will explore “CBDC use cases; economic, functional and technical design choices, including cross-border interoperability; and the sharing of knowledge on emerging technologies.”