Cryptocurrencies
Japan to Model Digital Yen Tests on Sweden’s Approach, Not China’s
- Kamiyama sees possible CBDC as one part of settlement system
- Says digital yen ceiling needed to ensure private sector space
Bank of Japan headquarters in Tokyo.
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
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The Bank of Japan will explore the design issues of a central bank digital currency in measured steps like Sweden rather than pressing ahead with large-scale pilot tests like China, according to the BOJ’s point-man on digital yen research.