Japan Central Bank
- All
- News
- Videos
-
RBI Assigns CBDC Expansion Targets to Banks, Aims for 1 Million Daily Transactions by December: Report
The RBI, in order to accelerate number of CBDC transactions, is reportedly giving targets to banks to facilitate a minimum number of transactions in the form of the eRupee. Under RBI’s directions, Indian banks will now do their bit to ensure that select users get to process eRupee transactions for daily purchases.
-
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...
-
Turkey Joins China, India in Marking CBDC Milestones on Wider Scale Before 2022 Wraps Up
The Central Bank of the Republic of Turkey (CBRT), that started its CBDC trials earlier this year, has completed its first phase before the end of year 2022. Turkey’s CBDC is named the Digital Turkish Lira. The nation plans to continue the studies on the economic and legal framework around CBDCs next year.
-
Mexico’s CBDC Won't Release Before 2025, Nation Aims at Financial Inclusion
The Bank of Mexico expects its CBDC could be out in circulation by 2025. The nation is presently working on its national digital currency, aiming at financial inclusion of more of its citizens. Once rolled out, the Mexican CBDC will be an alternative payment option for the nationals.
-
Japan to Deepen Research Into Digital Currencies
Japan has no plans to issue central bank digital currencies right now but must deepen research on the possibility, a top government spokesman has said.
-
In A Fracturing World, Central Banks Stuck Together In Zero-Sum Battle
The last time major central banks shifted gears together, it was a cooperative move to keep the financial crisis of a decade ago from becoming a full-bore, worldwide depression.
-
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".
-
Asian Shares Lurch Lower As US Central Bank Seen Plotting Faster Rate Hikes
MSCI's broadest index of Asia-Pacific shares outside Japan is down more than 4 per cent in February after global equity markets were mauled at the start of the month by worries US inflation is picking up.
-
Asian Shares Rise To 3-Week High Ahead Of Fed Chairman Jerome Powell's Testimony
Federal Reserve Chairman Jerome Powell's debut appearance is seen as critical for financial markets at a time when many investors are nervous about the US central bank's policy normalisation following years of stimulus after the financial crisis almost a decade ago.
-
Bitcoin recovers after slumping on China bank measures
Prices for the volatile virtual currency Bitcoin leaped in China on Thursday, after falling nearly 50 per cent a day earlier due to restrictions reportedly imposed by the central bank.
-
Hoping, as usual, that next year will be better
Like winemakers consoling themselves after a poor vintage, economists are putting a disappointing 12 months behind them and hoping that 2014 will be a better year for global growth.
-
RBI Assigns CBDC Expansion Targets to Banks, Aims for 1 Million Daily Transactions by December: Report
The RBI, in order to accelerate number of CBDC transactions, is reportedly giving targets to banks to facilitate a minimum number of transactions in the form of the eRupee. Under RBI’s directions, Indian banks will now do their bit to ensure that select users get to process eRupee transactions for daily purchases.
-
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...
-
Turkey Joins China, India in Marking CBDC Milestones on Wider Scale Before 2022 Wraps Up
The Central Bank of the Republic of Turkey (CBRT), that started its CBDC trials earlier this year, has completed its first phase before the end of year 2022. Turkey’s CBDC is named the Digital Turkish Lira. The nation plans to continue the studies on the economic and legal framework around CBDCs next year.
-
Mexico’s CBDC Won't Release Before 2025, Nation Aims at Financial Inclusion
The Bank of Mexico expects its CBDC could be out in circulation by 2025. The nation is presently working on its national digital currency, aiming at financial inclusion of more of its citizens. Once rolled out, the Mexican CBDC will be an alternative payment option for the nationals.
-
Japan to Deepen Research Into Digital Currencies
Japan has no plans to issue central bank digital currencies right now but must deepen research on the possibility, a top government spokesman has said.
-
In A Fracturing World, Central Banks Stuck Together In Zero-Sum Battle
The last time major central banks shifted gears together, it was a cooperative move to keep the financial crisis of a decade ago from becoming a full-bore, worldwide depression.
-
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".
-
Asian Shares Lurch Lower As US Central Bank Seen Plotting Faster Rate Hikes
MSCI's broadest index of Asia-Pacific shares outside Japan is down more than 4 per cent in February after global equity markets were mauled at the start of the month by worries US inflation is picking up.
-
Asian Shares Rise To 3-Week High Ahead Of Fed Chairman Jerome Powell's Testimony
Federal Reserve Chairman Jerome Powell's debut appearance is seen as critical for financial markets at a time when many investors are nervous about the US central bank's policy normalisation following years of stimulus after the financial crisis almost a decade ago.
-
Bitcoin recovers after slumping on China bank measures
Prices for the volatile virtual currency Bitcoin leaped in China on Thursday, after falling nearly 50 per cent a day earlier due to restrictions reportedly imposed by the central bank.
-
Hoping, as usual, that next year will be better
Like winemakers consoling themselves after a poor vintage, economists are putting a disappointing 12 months behind them and hoping that 2014 will be a better year for global growth.
