Bank of Japan

China’s Digital Yuan Is No Threat to US Dollar, Says Bank of Japan Official: Report

“The dollar’s status as the key global currency won’t change so easily,” BOJ’s head of payments told Bloomberg.

Policy & regulation  ·  16 April 2021

BOJ Wants to Set ‘Common Rules’ on CBDCs With Major Central Banks: Report

The BoJ says a set of common rules would lay the groundwork for efficient cross-border payments.

News  ·  8 April 2021
Japan

BOJ Starts Central Bank Digital Currency Experiments

The year-long Phase 1 will conduct experiments on basic functions of a CBDC.

News  ·  5 April 2021
CoinFlash

Bank of Japan Forms Committee to Coordinate CBDC Efforts

Through the committee, the BOJ said it will update the private sector and policymakers and seek input on the next steps regarding a CBDC.

News  ·  26 March 2021
Markets

Bitcoin Tends to Weaken During Asian Trading, Especially After Bank of Japan Policy Shift

Asian sellers meet North American buyers, as BoJ policy move reminds traders of timing patterns.

Markets  ·  18 March 2021
CoinFlash

Bank of Japan Governor Stresses Need to Prepare for Digital Currency Launch

The central bank will begin digital currency experiments later this spring.

Policy & regulation  ·  16 March 2021
CoinFlash

Bank of Japan Puts Top Economist in Charge of Digital Yen Initiative

The central bank's most senior economist now runs the department responsible for the digital currency task force and working group with other central banks.

News  ·  31 July 2020
CoinFlash

Bank of Japan Forms New Team to Explore Central Bank Digital Currency

The Bank of Japan is warming to digital currencies and now has a team dedicated to researching a possible digital yen.

Policy & regulation  ·  20 July 2020
Bitcoin

US Stimulus Plan Is Steadying Global Markets While Crypto Takes a Dip

The $2 trillion stimulus deal in the U.S. wasn’t enough to keep many cryptocurrencies from taking a dip Wednesday.

Markets  ·  25 March 2020
Digital Currency

Japan Doesn’t Need a Digital Yen, Asserts BOJ Official

A digital yen could have serious unintended consequences, the Bank of Japan's deputy governor warned.

Policy & regulation  ·  6 March 2020
Bitcoin

Bitcoin Rebounds as Coronavirus-Infected Stocks Get Jolt From Fed, BOJ

Bitcoin jumped the most in two weeks Monday, surging alongside U.S. stocks amid speculation that the Federal Reserve and other central banks will support markets as the coronavirus spreads.

Markets  ·  2 March 2020
Japan

Japan Must Be Ready if Demand for Digital Yen ‘Soars’: Central Bank Official

Japan needs to keep researching a central bank digital currency, even if it won't launch one just yet, accord to the Bank of Japan's deputy governor.

Policy & regulation  ·  30 January 2020
Regulation

Bank of Japan: Adopting Central Bank Crypto Would Mean Dropping Cash

A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so may require the country to abandon cash.

Policy & regulation  ·  5 July 2019
Banking

Central Banks Say Blockchain Could Shake Up Securities Settlement

The second report from the project 'Stella' initiative explores applications of distributed ledger technology to the securities settlement process.

Business  ·  27 March 2018
Banking

DLT Not Ready to Replace Settlement Systems, ECB and BoJ Say

The Bank of Japan and the ECB have said that blockchain technology is too "immature" to replace their real-time settlement systems.

Policy & regulation  ·  6 September 2017