Japan is stepping up efforts toward issuing a digital yen with the creation of a government advisory panel and the launch of a pilot programme, joining a growing number of countries exploring a central bank digital currency (CBDC). The finance ministry will set up a panel of experts as early as April to discuss the feasibility of issuing a digital yen, Reuters reported on Friday.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Murree situation: Court summons NDMA officials

The Islamabad High Court (IHC) has summoned National Disaster Management Authority (NDMA)…

Israeli officials accuse ICJ of being ‘antisemitic’

Israeli Prime Minister Benjamin Netanyahu said that the International Court of Justice’s…

Death toll from Israeli strike on Beirut nears 40 including 3 children

The death toll from an Israeli strike on a Beirut suburb has…