Free Trial
AUSSIE 10-YEAR TECHS

(Z2) Outlook Flips Positive

JPY

USDJPY Lower As FOMC Minutes Weaken USD

AUSSIE BONDS

Flatter To Start

AUSSIE 3-YEAR TECHS

(Z2) Fades Into Wednesday Close

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI BRIEF: BOJ, Banks To Begin CBDC Trials in 2023 - Press

(MNI) Tokyo
(MNI ) Tokyo

The Bank of Japan is working with the nation’s major three banks and regional financial institutions to launch trial transactions of a central bank digital currency around April 2023, the Nikkei reported on Thursday.

During the two-year CBDC pilot program, the BOJ will work with private-sector banks to test deposits and withdrawals from accounts, and check whether the currency can work without internet access in an emergency, the Nikkei reported.

Keep reading...Show less
155 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The Bank of Japan is working with the nation’s major three banks and regional financial institutions to launch trial transactions of a central bank digital currency around April 2023, the Nikkei reported on Thursday.

During the two-year CBDC pilot program, the BOJ will work with private-sector banks to test deposits and withdrawals from accounts, and check whether the currency can work without internet access in an emergency, the Nikkei reported.

Keep reading...Show less