FEASIBILITY STUDY ON DIGITAL CURRENCY TO BE STARTED BY THE BANK OF JAPAN FOR FISCAL 2021

Highlights –

• Feasibility study on digital currency to be started by the Bank of Japan for fiscal 2021.
• The study is said to begin in April 2021.
• BOJ will collaborate with other central banks and fintech firms to study the same.
• The BOJ in July will set up a new division to explore the possible issuance of digital currency.

On Friday, the Bank of Japan ....