The Bank Of Japan launches a pilot program for its digital yen

FlavienNovember 24, 2022

Less than a minute

The Bank Of Japan launches a pilot program for its digital yen

Central banks around the world are working on issuing their own Central Bank Digital Currencies (CBDC). Several countries have already entered the pilot phase of their CBDC programs, but most are still in development phases.
The Bank Of Japan announced that they would be launching a pilot program for their digital yen starting in 2023, with three major banks. The program will last 2 years, and they would decide to launch it live in 2026.

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FlavienNovember 24, 2022

Less than a minute

Flavien

Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.