Bank of Japan to Run CBDC Experiments With Country’s Megabanks: Report

HomeCrypto News

Bank of Japan to Run CBDC Experiments With Country’s Megabanks: Report

Starting in the spring of 2023, the BoJ will work with private banks and other organizations to identify any problems with deposits and withdrawals, and check that a central bank digital currency (CBDC) can operate during natural disasters and in areas without internet access, according to the report. www.coindesk.com

Starting in the spring of 2023, the BoJ will work with private banks and other organizations to identify any problems with deposits and withdrawals, and check that a central bank digital currency (CBDC) can operate during natural disasters and in areas without internet access, according to the report.

www.coindesk.com