Japan will begin testing the digital yen in early 2023

Time:2022-11-23 10:40 Source:Internet Copy share

Japan’s central bank will begin experimenting with the digital yen early next year.The Bank of Japan will work with several unnamed financial institutions.In particular, the agency will experiment with deposits and withdrawals, and will study how digital currency works without an internet connection.The final decision to implement the digital yen will be made in 2026.