Japan’s Plans for CBDC Panel to Examine Digital Yen Issuance

Japan plans to establish an expert panel to explore the feasibility of introducing a digital yen.

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Japan plans to form expert panel to explore digital yen: Report

Japan’s Finance Ministry is planning to establish an expert panel in April to explore the feasibility of introducing a digital yen, Japanese news outlet NHK reported.  According to the report, the ministry’s panel will focus on the creation of a framework for a central bank digital currency (CBDC) and will refer to a technical study [...]

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US explores additional bank support, favoring First Republic's benefit: Report

Despite banking laws stating that remedies should not be aimed at benefiting a specific bank, this change could be structured “in a way to ensure” First Republic benefits, according to unnamed sources.

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US contemplates ‘expanding’ emergency lending facility for banks: Report

United States authorities are reportedly deliberating on extending an emergency credit line for banks, “in ways” which may provide First Republic Bank with a time buffer to address its balance sheet concerns, according to people with knowledge of the situation. In a March 26 Bloomberg report citing unnamed sources, it was reported that U.S. officials [...]

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7 central banks and BIS continue examination of ongoing policy issues for retail CBDC

The Bank for International Settlements has published the fifth paper by the group, highlighting its latest thinking on a potential retail CBDC.

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Japan to Launch Central Bank Digital Currency Pilot in April 2023

Private enterprises will test "digital yen" and CBDC ecosystem modeling in the trial. (Read More)

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Yen-credible News: Japan to Pilot Digital Currency in April

Japan's Central Bank is set to commence its pilot program for its digital yen, with the help of private businesses.

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Will Bitcoin price crack $22K? Dollar weakness, Bank of Japan easing boost hopes

No change in central bank policy from Japan caused ruffled feathers in forex markets, but Bitcoin remains tied to a trading zone near two-month highs.

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The Bank Of Japan Blinks And Markets Tremble

The Bank of Japan sent tremors through capital markets as it announced a rate target increase for yield curve control, sending global bond yields soaring.

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Bank of Japan to Launch Digital Yen Pilot Program Next Year

The Bank of Japan is preparing to run a test trial of its own central bank digital currency (CBDC), the digital yen, with help from three top banks and regional institutions. The pilot program, estimated to last two years, will focus on testing the currency via several transactions, and experimenting with its functionality in environments

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Bank of Japan will test digital yen with three megabanks

Bank of Japan is working with three megabanks and regional banks to issue CBDCs. The pilot will test the issue of Japan's digital yen in 2023. 2026 ruling on digital currency. (Read More)

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Bank of Japan to trial digital yen with three megabanks

The Japanese central bank plans to make a decision on whether to issue a digital currency by 2026.

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The Bitcoiner’s Guide To Yield Curve Control And The Fiat End Game

Yield curve control is the next saga in the global monetary policy experiment. What does it mean for the economy and what are the future consequences?

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Bitcoin Fixes The Economic Hurricane Happening Around The World

With the Bank of Japan trying yield curve control, negative GDP growth in the United States and cracks showing in the eurozone, bitcoin looks like a smart bet.

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Is Bitcoin A Warning Sign For Global Deleveraging?

Bitcoin has no lender of last resort for those who take undue risks. Bitcoin’s recent leverage cleansing is par for the course for a truly scarce asset.

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Japan’s Quest For CBDC Enters Phase 2; What’s Next?

The Bank of Japan’s initiative for a digital Yen has entered its second stage which centered around restrictions on holdings and transactions, as stated in the press release. The first stage completed in March focused on issues related to the basic functions of a CBDC, including its issuance, withdrawal from financial institutions, and transfers between […]

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As European Risks Rise, Bitcoin Price Reacts Positively

Discussing the latest central bank news, emerging financial risks in Europe, Japanese inflation and more.

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Japan's financial regulators may propose legislation in 2022 restricting stablecoin issuance

The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year.

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Asian CBDC projects: What are they doing now?

Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar?

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Japan Accelerates Digital Yen Plans Amidst Global CBDC Race

Japan is advancing its plans for a digital yen, with the Bank of Japan set to pilot a CBDC program and the finance ministry preparing an expert panel to address legalities, signaling a significant shift in Japan's traditional cash-centric economy. (Read More)

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