Japan’s Ministry of Economy, Trade and Industry (METI) aims to promote the creation of new businesses and industries via increased domestic investments from limited partnership firms.
Bank of Japan News
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While Japan is preparing to solve the legal issues around issuing a CBDC, it has not revealed plans for an official launch.
8227Digital currency and electronic payments business DeCurret Holdings intends to launch the coin in July 2024.
5808With the end of the proofs-of-concept, the Bank of Japan has initiated its CBDC pilot and plans to gather more public and business feedback.
5946The Bank for International Settlements has published the fifth paper by the group, highlighting its latest thinking on a potential retail CBDC.
4619The ministry’s panel will reportedly focus on developing a framework for a central bank digital currency based on a technical study carried out by the Bank of Japan over the past two years.
10044Currency swap lines have been used during times of crisis in the past, such as the 2008 global financial crisis and the 2020 coronavirus pandemic.
12163BTC price action is all but guaranteed to benefit from extra central bank liquidity, but the journey higher is fraught with difficulty, says QCP Capital.
6487The Bank launched a pilot program for “digital yen” in April after finishing its proof-of-concept testing, which began in 2021.
18418No change in central bank policy from Japan caused ruffled feathers in forex markets, but Bitcoin remains tied to a trading zone near two-month highs.
5874None of the 31 crypto exchanges registered with Japan's Financial Services Agency are currently offering trading in stablecoins like USDT or USDC.
8123BTC price sees short-term relief as the DXY falls, but Bitcoin analysts warn that Japan's move means carnage for global markets.
14094The Japanese central bank plans to make a decision on whether to issue a digital currency by 2026.
8755Japan Credit Bureau will develop its CBDC infrastructure in collaboration with IDEMIA and Softspace.
6925A sudden dip accompanies squabbling over Fed rate hike policy, with BTC price action recovering lost ground.
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