Consortium of Japanese firms to test launch digital currency

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Consortium of Japanese firms to test launch digital currency

Experiments may start in latter half of 2022.

A consortium of roughly 70 Japanese firms, including the country's three mega-banks, will begin experiments to launch a digital currency as early as the latter half of 2022, the Nikkei newspaper said. The digital currency will be backed by bank deposits and use a common platform to speed up ...

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