BOJ Deputy Governor Rules Out Japanese CBDCs As Long As Cash is Still Popular

BOJ Deputy Governor Rules Out Japanese CBDCs As Long As Cash is Still Popular

The Deputy Governor of the Bank of Japan, Masayoshi Amamiya, has previously spoken negatively on the subject of central bank-issued digital currencies - so-called CBDCs - and in April of this year, he was quoted as saying that they could potentially destabilize the entire existing financial system. Furthermore, the Deputy Governor has this weekend once … Continue reading BOJ Deputy Governor Rules Out Japanese CBDCs As Long As Cash is Still Popular