Tagged: masayoshi amamiya

CBDC: Bank of Japan’s Deputy Governor, Masayoshi Amamiya, Says Central Bank Digital Currencies Won’t Offer Significant Benefits to Developed Countries

March 8, 2020 @ 10:27 am By Omar Faridi |

Mature global economies like Japan’s won’t need a virtual currency, according to the deputy governor at the Bank of Japan (BoJ). While attending the Bank for International Settlement’s Future of Payments Forum, deputy governor Masayoshi Amamiya said that a central bank digital currency, or CBDC,… Read More

CBDC: Bank of Japan’s Deputy Governor Masayoshi Amamiya Confirms Reserve Bank has No Immediate Plans to Launch Its Own Virtual Currency

February 2, 2020 @ 6:05 pm By Omar Faridi |

The Bank of Japan (BoJ), the nation’s central bank, has been working on a virtual currency project for several years. The BoJ must be prepared to issue digital currencies if technical innovations in international settlement systems will increase consumer demand, the bank’s deputy governor noted… Read More