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Your email address will not be published.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

Dozens feared dead in fire at Swiss ski resort town Crans Montana

GENEVA: “Several dozen” people are believed to have died and around 100…

Indian Government cancels lecture on Kashmir at Jawaharlal University

According to reports, the Indian government has forced the cancellation of a…

Apple to start letting people fix their own iPhones for the first time

In a concession regarded as a victory for “right-to-repair” advocates, Apple said…

Katrina Kaif sells wedding telecast rights to Amazon Prime

Indian media reported on Wednesday that Kaif and Kaushal sold the wedding…