Bank of Japan Governor: It is expected that Japan can decide whether to issue a central bank digital currency around 2026

On January 28, the Governor of the Bank of Japan Haruhiko Kuroda said: Central banks will issue digital currencies at different speeds, but they agree on the need for a stable and efficient settlement system. The Bank of Japan has not yet decided to issue a digital currency. Japan must work with the U.S. and Europe to establish global standards in the technology of central bank digital currencies. Any central bank digital currency issuance must be understood by the public. There is no specific timetable for the issuance of a central bank digital currency, but the most important thing is to let the public understand the importance of the issuance. It is uncertain when Japan will issue a central bank digital currency, but a decision will have to be made at some point. It is expected that Japan can decide whether to issue a central bank digital currency around 2026. (Golden Ten)

Previous:

Next: