The Bank of Japan has announced the date for testing the digital yen
In spring 2023, the Bank of Japan, in cooperation with the country's three major banks and regional institutions, plans to begin the practical phase of testing the digital yen.
According to Nikkei, the testing will last two years. It will include digital currency deposits and withdrawals, as well as testing support for the asset without the Internet. Depending on the results of the testing, a decision will be made in 2026 to switch to the digital yen.
In 2021, there was already a test of basic functions such as issuance and circulation. The next phases of testing will be the last before the digital currency is released to the public.
In addition to the development of the currency itself, the government also needs to form a series of laws governing its use. Это данные from project cryptodefix.com. The digital yen is supposed to be used in all cases where cash is used.
883999
1 comment
As a newbie to crypto i lost alot of money, I would like to express my gratitude to Expert Bernie Doran for their exceptional assistance in recovering my funds from a forex broker. Their expertise and professionalism in navigating the complex process were truly commendable. Through their guidance and relentless efforts, I was able to successfully retrieve my funds of $150,000 providing me with much-needed relief. I highly recommend him on Gmail Berniedoransignals@ gmail . com to anyone facing similar challenges, as their dedication and commitment to helping clients are truly impressive. Thank you, Bernie doran, for your invaluable support in resolving this matter
WhatsApp info + 1 424 285 0682
Add a comment