Bank of Japan Continues Digital Yen Pilot Project After Successful Second Phase
Bank of Japan (BOJ) released a report in which it said that after the successful completion of the second phase of the digital yen pilot project, the authorities decided to continue the program. The second phase of testing of the state cryptocurrency took place between Apri ...
Bank of Japan’s Successful CBDC Test Sets Stage for Pilot Project
Central Bank conducted a 12-month test And it was successful The country is now preparing for a pilot project Bank of Japan (BOJ) shared the results of the second phase of the CBDC concept test.. It lasted a year, from April 2022 to March 2023. At ...
Governor of Bank of Japan Advocates for Integration of Central Bank Digital Currency with Other Payment Methods
Haruhiko Kuroda, the Governor of the Bank of Japan, has expressed his belief that a central bank's digital currency (CBDC) should work in tandem with other payment methods to enhance Japan's financial ecosystem. According to Kuroda, government-backed stablecoins can increase payment convenience f ...
Fujitsu Applies for Cryptocurrency Brokerage Services Patent with USPTO
Fujitsu, the renowned Japanese technology conglomerate, has applied for a patent with the US Patent and Trademark Office (USPTO) to offer brokerage services for cryptocurrency trading. As part of the application, Fujitsu revealed a distinct logo that features the word "FUJITSU" with a stylized s- ...
Japanese Banks to Test Stablecoins on Japan Open Chain Blockchain
A group of Japanese bankers from Tokyo's Kiraboshi Financial Group, Minna Bank, and Shikoku Bank will be participating in the testing of stablecoins on the Japan Open Chain blockchain. The blockchain developer, G.U. Technologies, released this information. From May 6, Japan will lift the ban on t ...