A digital yen will be piloted in 2021
Japan's Study Group on Digital Currency Settlement Infrastructure has announced that a two-layered digital yen will be piloted in 2021.
Japan's Study Group on Digital Currency Settlement Infrastructure has announced that a two-layered digital yen will be piloted in 2021.
Japan’s interest in a digital yen went up a notch after the government included it in its official economic plan. Japan has also been doing extensive research.
A plan to introduce a state-backed digital currency in Japan could come as early as this summer.
The Japanese yen is now higher in trading against Bitcoin Core (BTC) than the U.S. dollar. Coinhills data reveals that the yen has taken the top spot in trading