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Bank of Japan Sets CBDC Pilot Programme In Motion

Bank of Japan CBDC

The Bank of Japan is going to launch a pilot program for issuing a digital yen in April, bringing Japan one step closer to launching a CBDC. The Bank of Japan (BOJ) announced yesterday that it will begin issuing a digital yen through a pilot program in April. Bank of Japan Contemplating Upon Its CBDC Plan for Two Years For the past two years, the BOJ has been testing whether or not to issue a CBDC. In his opening remarks to the central bank’s meeting with executives from the private sector, BOJ Executive Director Shinichi Uchida stated that the pilot

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