Bank of Japan to Run CBDC Experiments With Country’s Megabanks: Report

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Bank of Japan to Run CBDC Experiments With Country’s Megabanks: Report



Starting in the spring of 2023, the BoJ will work with private banks and other organizations to identify any problems with deposits and withdrawals, and check that a central bank digital currency (CBDC) can operate during natural disasters and in areas without internet access, according to the report.



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