Japanese Consortium Plans to Issue Bank Deposit-Like Digital Yen by 2022-End

Japanese Consortium Plans to Issue Bank Deposit-Like Digital Yen by 2022-End

Members of the Digital Currency Forum, include banks like MUFG Bank, Sumitomo Mitsui Banking Corp., Mizuho Bank, Japan Post Bank, industry heavyweights like the Nippon Telegraph & Telephone Corporation, East Japan Railway, and Mitsubishi Corp., as well as local governments. The Bank of Japan, Financial Services Agency of Japan, and three ministries, are observing its activities.

Originally Posted on: https://www.coindesk.com/policy/2021/11/24/japanese-consortium-plans-to-issue-bank-deposit-like-digital-yen-by-2022-end/
By: Eliza Gkritsi

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