Japan the Next Country to Mint a Digital Currency?
Cointelegraph
Published Feb 23, 2020 11:03PM ET
Updated Feb 24, 2020 12:42AM ET
Japan the Next Country to Mint a Digital Currency?
With finance ministers and central bank governors having recently discussed cryptocurrency regulations at the G-20 summit, Japan is taking notice at home. Leaders at the Bank of Japan (BOJ), Ministry of Finance (MOF), and Financial Services Agency (FSA) have held a number of meetings to determine whether the country should become next in line to adopt a government-sanctioned digital currency.
The issues under discussion include how the Japanese government embracing a central bank digital currency (CBDC) would impact the world economy. Despite the rise of numerous crypto exchanges, the U.S. dollar continues to be the de facto global currency.
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Written By: Cointelegraph
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