Blockchain Adoption Tracker
Bank of Japan to Pilot Test the “Digital Yen”
The Bank of Japan shared that it will launch a pilot program to test its central bank digital currency (CBDC), the “Digital Yen,” in April 2023. The institution kicked off a proof-of-concept in April 2021 in which it built an experimental environment centered around a CBDC ledger, which is the foundation of a CBDC system.By Elizabeth Morrison
Published:April 19, 2023
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