#BOJ News

The Strength And Survival Of Japan In The Cryptocurrency Sector

Japan Ramps Up Efforts towards Regulating Cryptocurrencies

July 16, 2021 by Adeniyi Olowoporoku at Regulation

Authorities in Japan are contemplating tighter cryptocurrency regulations, according to the latest reports. Japan Stepping up Crypto Regulatory Activities US media outlet Reuters revealed that Japanese finance regulators had expressed their intentions to step up regulatory efforts on cryptocurrencies. Officials told the news agency that the rise of cryptocurrencies poses...

Japan Central Bank’s Top Economist to Lead Department Researching CBDC

Japan Must Revise Existing Law to Accommodate CBDC, Says Top Official

October 12, 2020 by Adeniyi Olowoporoku at Regulation

Japan must make amendments to its current laws before it can move forward with developing its Central Bank Digital Currency (CBDC) believes Kozo Yamamoto. This is as the Asian nation looks to kick start research towards launching a CBDC in the future. Japan Official Wants Changes to Inflation Rate in...

Japan: Central Bank’s Top Economist to Lead Department Researching CBDC

July 31, 2020 by Anthonia Isichei at Regulation

Japan continues to intensify efforts in its proposed central bank digital currency (CBDC) project as the country’s central bank has appointed its top economist to oversee the department conducting research on CBDC. Japan Getting Serious With Proposed Digital Yen According to Reuters on Friday (July 31, 2020), the Bank of...

Bank of Japan Studying Digital Currencies, Says Governor

Japan Central Bank Moving Forward With CBDC Research

July 20, 2020 by Anthonia Isichei at Regulation

The Bank of Japan (BoJ) formed a new team to speed up research into the possibility of issuing a central bank digital currency (CBDC). However, the apex bank has no immediate plans to launch a digital yen. BoJ Inaugurates New Committee For Digital Yen Research According to The Mainichi on...

Japanese Government to Consider CBDC in Economic and Fiscal Policy

July 15, 2020 by Anthonia Isichei at Regulation

The Japanese government is looking to include a central bank digital currency (CBDC) in its 2020 economic and fiscal policy framework. Japan to Collaborate with the U.S. and Europe on Digital Yen According to a report by Nikkei on Tuesday (July 14, 2020), the Japanese government is considering discussions on...

Digital Yen: Japan May Launch CBDC in Three Years

February 10, 2020 by Osato Avan-Nomayo at Regulation

A senior lawmaker of Japan’s ruling party has advised the government to include plans for its central bank digital currency (CBDC) in its mid-year policy guidelines and look to launch its digital yen in two to three years. Japanese Lawmakers Angling for CBDC According to Reuters, the head of the...

Japan Looking to Push CBDC Agenda at G7 Summit in June

February 7, 2020 by Osato Avan-Nomayo at Regulation

Japanese lawmakers want the government to push for talks on central bank digital currency (CBDC) during the next G7 summit holding in the summer. US Should Set CBDC Agenda for G7 Partners According to Reuters, a parliamentary group led by Akira Amari of Japan’s Liberal Democratic Party (LDP) wants the...

Japan Must Be Ready to Issue CBDC If the Need Arises, Says BOJ Deputy Governor

January 30, 2020 by Osato Avan-Nomayo at Regulation

With Japanese lawmakers pushing for a digital yen, Masayoshi Amamiya, deputy governor of the country’s central bank says Japan needs an agile action plan for a central bank digital currency (CBDC). No immediate Plans to Launch Digital According to Reuters, Amamiya says the Bank of Japan (BOJ) has no immediate...