Bank of Japan Governor Ueda:
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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.
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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.
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