Boj
- All
- News
- Videos
-
CBDC Not Widely Recognised in Japan Despite Ongoing Trials, R&D Efforts: Details
Kazuo Ueda, the governor of the Bank of Japan (BoJ) has backed the emergence of a national CBDC saying that it could facilitate faster payments of bigger denominations among noting other potential benefits.
-
Bank of Japan Initiates Discussion With 60 Firms on Pilot Programme for Digital Yen
The Bank of Japan on Thursday kicked off a series of discussions with 60 companies on a pilot programme for developing a digital yen, joining peers around the globe ramping up efforts towards issuing digital versions of their currencies for retail use. The discussions will touch on various themes including the business and technological features of...
-
Japan Said to Step Up Efforts in Issuing Digital Yen With Creation of New Panel, Start of Pilot Programme
Japan is stepping up efforts toward issuing a digital yen with the creation of a government advisory panel and the launch of a pilot programme, joining a growing number of countries exploring a central bank digital currency (CBDC). The finance ministry is said to set up a panel of experts as early as April to discuss the feasibility of issuing a di...
-
Japanese CBDC’s Pilot to Go Live in April, New Forum to Register Consultations from Insiders
Japan will be launching its digital currency for pilot test next month in April. Private companies will be onboarded by the BoJ to be participants in the testing of the digital JPY. The focus is to analyse and justify the fundamentals of the proof-of-concept (PoC) for this CBDC, which has been under testing in Japan since April 2021.
-
Yen Jumps On Report Japan May Tweak Inflation Target
The yen climbed on news the Japanese government could soon revise a joint statement with the Bank of Japan (BOJ) over the latter's inflation target.
-
Bank of Japan Plans to Rope-In Other Major Lenders in Digital Yen CBDC Trials: Report
Moving forward on its CBDC plans, the Bank of Japan (BoJ) is looking to rope-in a bunch of other mega banks to test the digital yen. The three Japanese megabanks, while unnamed officially, are reportedly supposed to be Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc., and Mizuho Financial Group Inc.
-
Major Central Banks Use Shock And Awe Plan To Tame Inflation, Bar One
Here's a look at where policymakers stand in the race to contain red-hot inflation.
-
Bank of Japan Says Won’t Issue Digital Currency to Achieve Negative Rates
The Bank of Japan won’t issue any digital currency with the aim of achieving negative interest rates, a senior BOJ official said on Wednesday, the clearest denial yet of an idea often floated by analysts and academics.
-
Amazon Effect: BOJ Says Online Shopping Pushing Down Core Inflation
The spread of online shopping in Japan is dragging down consumer inflation, the central bank said, highlighting the "Amazon effect".
-
Asia Stocks Mixed After US Tech Rout, Yen Steady As BOJ Stands Pat
MSCI's broadest index of Asia-Pacific shares outside Japan was steady, on track to end the week down 0.7 percent.
-
Bank Of Japan Warns Low Rates May Sow Seeds Of New Financial Crisis
Many central banks, like the BoJ, the Federal Reserve and the European Central Bank, have adopted unconventional monetary easing steps since the global financial crisis in 2008.
-
Bank Of Japan Keeps Policy On Hold, Brightens View Of Economy
Reflecting a pick-up in emerging Asian demand and factory output, the central bank upgraded its language to signal its confidence that the economy is headed for a steady recovery.
-
Eurozone Bond Yields Fall After Bank Of Japan Fires Warning Shot
Investors were also reluctant to push yields higher for now, after they rose so sharply in a short space of time, analysts said.
-
Bank Of Japan Keeps Policy Steady, Delays Inflation Target Again
The BOJ maintained its view that the world's third-largest economy will expand moderately as exports and consumption emerge from the doldrums.
-
Wall Street Extends Rally After Fed Rate Decision
US stocks marched higher on Thursday, with the Nasdaq hitting a record intraday high, as investors cheered the Federal Reserve's decision to not raise interest rates.
-
CBDC Not Widely Recognised in Japan Despite Ongoing Trials, R&D Efforts: Details
Kazuo Ueda, the governor of the Bank of Japan (BoJ) has backed the emergence of a national CBDC saying that it could facilitate faster payments of bigger denominations among noting other potential benefits.
-
Bank of Japan Initiates Discussion With 60 Firms on Pilot Programme for Digital Yen
The Bank of Japan on Thursday kicked off a series of discussions with 60 companies on a pilot programme for developing a digital yen, joining peers around the globe ramping up efforts towards issuing digital versions of their currencies for retail use. The discussions will touch on various themes including the business and technological features of...
-
Japan Said to Step Up Efforts in Issuing Digital Yen With Creation of New Panel, Start of Pilot Programme
Japan is stepping up efforts toward issuing a digital yen with the creation of a government advisory panel and the launch of a pilot programme, joining a growing number of countries exploring a central bank digital currency (CBDC). The finance ministry is said to set up a panel of experts as early as April to discuss the feasibility of issuing a di...
-
Japanese CBDC’s Pilot to Go Live in April, New Forum to Register Consultations from Insiders
Japan will be launching its digital currency for pilot test next month in April. Private companies will be onboarded by the BoJ to be participants in the testing of the digital JPY. The focus is to analyse and justify the fundamentals of the proof-of-concept (PoC) for this CBDC, which has been under testing in Japan since April 2021.
-
Yen Jumps On Report Japan May Tweak Inflation Target
The yen climbed on news the Japanese government could soon revise a joint statement with the Bank of Japan (BOJ) over the latter's inflation target.
-
Bank of Japan Plans to Rope-In Other Major Lenders in Digital Yen CBDC Trials: Report
Moving forward on its CBDC plans, the Bank of Japan (BoJ) is looking to rope-in a bunch of other mega banks to test the digital yen. The three Japanese megabanks, while unnamed officially, are reportedly supposed to be Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc., and Mizuho Financial Group Inc.
-
Major Central Banks Use Shock And Awe Plan To Tame Inflation, Bar One
Here's a look at where policymakers stand in the race to contain red-hot inflation.
-
Bank of Japan Says Won’t Issue Digital Currency to Achieve Negative Rates
The Bank of Japan won’t issue any digital currency with the aim of achieving negative interest rates, a senior BOJ official said on Wednesday, the clearest denial yet of an idea often floated by analysts and academics.
-
Amazon Effect: BOJ Says Online Shopping Pushing Down Core Inflation
The spread of online shopping in Japan is dragging down consumer inflation, the central bank said, highlighting the "Amazon effect".
-
Asia Stocks Mixed After US Tech Rout, Yen Steady As BOJ Stands Pat
MSCI's broadest index of Asia-Pacific shares outside Japan was steady, on track to end the week down 0.7 percent.
-
Bank Of Japan Warns Low Rates May Sow Seeds Of New Financial Crisis
Many central banks, like the BoJ, the Federal Reserve and the European Central Bank, have adopted unconventional monetary easing steps since the global financial crisis in 2008.
-
Bank Of Japan Keeps Policy On Hold, Brightens View Of Economy
Reflecting a pick-up in emerging Asian demand and factory output, the central bank upgraded its language to signal its confidence that the economy is headed for a steady recovery.
-
Eurozone Bond Yields Fall After Bank Of Japan Fires Warning Shot
Investors were also reluctant to push yields higher for now, after they rose so sharply in a short space of time, analysts said.
-
Bank Of Japan Keeps Policy Steady, Delays Inflation Target Again
The BOJ maintained its view that the world's third-largest economy will expand moderately as exports and consumption emerge from the doldrums.
-
Wall Street Extends Rally After Fed Rate Decision
US stocks marched higher on Thursday, with the Nasdaq hitting a record intraday high, as investors cheered the Federal Reserve's decision to not raise interest rates.
