Business

Bank of Japan Governor Ueda spoke about the central bank’s digital currency.

Bank of Japan Governor Ueda:

  • Any decisions made by other countries on whether to issue a CBDC could offer us input on the pros and cons of issuing CBDCs in Japan.

  • Overseas developments could affect Japan’s decision on whether to issue a CBDC
  • I cannot offer a specific timetable at this time if Japan can make a decision on whether to issue CBDCs or not.
  • Rather than trying to issue CBDCs quickly, I would prioritize issuing CBDCs in an appropriate manner that benefits the general public.

This article was written by Eamonn Sheridan at www.forexlive.com.

cnbctv18-forexlive

Back to top button