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digital yen

Bank of Japan issues latest report on ‘digital yen’ CBDC investigation
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2 May, 2024

Bank of Japan issues latest report on ‘digital yen’ CBDC investigation

A regular update published this month by the Bank of Japan's Payment Services Department looks at what additional functions a...
Sony Bank explores yen-pegged stablecoin
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12 April, 2024

Sony Bank explores yen-pegged stablecoin

Sony Bank is working with Belgian startup SettleMint on a proof-of-concept, with the stablecoin set to be used in other...
Japan should issue digital yen ‘without delay,’ expert panel recommends
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20 December, 2023

Japan should issue digital yen ‘without delay,’ expert panel recommends

The panel under the Finance Ministry says the digital yen must co-exist alongside—not replace—cash and be easily usable "by anyone,...
Japan digital yen pilot is a go after successful second proof-of-concept
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1 June, 2023

Japan digital yen pilot is a go after successful second proof-of-concept

The Bank of Japan clarified that it has yet to decide on launching a digital yen but will open a...
Japan to set up panel to explore digital yen: report
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5 April, 2023

Japan to set up panel to explore digital yen: report

The panel will launch in April under the Finance Ministry and will build on the two years’ worth of studies...
Bank of Japan governor confident in CBDC’s ability to coexist with other forms of payment
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31 March, 2023

Bank of Japan governor confident in CBDC’s ability to coexist with other forms of payment

BoJ Governor Haruhiko Kuroda believes that while CBDC won't completely replace existing forms of payments, it is critical in boosting...
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