Japan’s Mitsibushi UFC Financial group (MUFG), the world’s fifth-largest bank by assets, has announced it will trial its own digital currency as early as 2019, reports Cointelegraph. The move, which dates back as far as 2016, sees the Japanese giant running out the coin, valued at one yen, to 100,000 account holders, according to Japanese broadcaster NHK. The […]
Over the past few months, there has been a lot of concern over the fact that central banks may begin issuing their own digital currencies. On paper, such a trend makes perfect sense, even though the reality may turn out to be very different. The Bank of Japan is putting its native digital currency plans on […]
The Bank of Japan (BoJ) has stated that it had no plans to issue to issue a central-bank digital currency (CBDC). At a recent conference between the International Monetary Fund (IMF) and Japan’s Financial Services Agency on Monday the BoJ’s deputy governor Masayoshi Amamiya suggested that a CBDC could undermine the bank’s two-tier system and […]
Japan takes another side step with its relationship to cryptocurrency trading as the Central Bank releases a negative Q&A guide for those seeking information about the markets. BoJ Publishes Negative Q&A for the General Public The question and answer page translated from Japanese as “Let’s Think About Cryptocurrency” was released on a financial education site… […]
The second report from the project ‘Stella’ initiative explores applications of distributed ledger technology to securities settlement mechanisms.
The Bank of Japan and the ECB say that blockchain is too immature at this stage to be used to replace their real-time settlement systems.
Companies in Japan are reportedly scrambling to register with the Japanese Financial Services Agency (FSA) to offer bitcoin products or services. They aim to attract Japanese retail investors, also known as “Mrs Watanabe”, who currently favor the $40 trillion foreign exchange margin trading market. Also read: Petition Asks SEC to Clarify Rules on Bitcoin and Digital […]
In an exclusive interview, Bank of Japan’s Yuko Kawai discussed how blockchain is emerging as one of the “hottest topics” among central banks. Source
HAW Technologies has developed a bitcoin-based lending market concept, recently presented at an event hosted by Japan’s central bank. Source
An official from Japan’s central bank invoked failed ethereum-based project The DAO in a speech yesterday. Source
The head of payments at Japan’s central bank says blockchain won’t be applied to its payments and settlement systems any time soon. Source
Japan’s ‘Galapagos Syndrome’ means that some tech firms are unable to compete internationally, but one blockchain consortium aims to change that. Source
Japan’s central bank is set to host an event focused on distributed ledger tech next month. Source
Blockchain technology is becoming the new norm among financial institutions all over the world. The European Central Bank is joining forces with the Bank of Japan to explore a new DLT initiative for market infrastructure– quite an intriguing development, although it was only a matter of time until the ECB started paying attention to the […]
The European Central Bank is weighing the use of distributed ledger tech in partnership with Japan’s central bank. Source