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CBDC

Members of an experts' panel on a central bank digital currency hold their first meeting, at the Finance Ministry in April.
BUSINESS
Dec 13, 2023
Panel urges preparations for a digital yen that coexists with cash
The Bank of Japan has launched a pilot program to study the feasibility of implementing such a currency.
Moscow has begun testing its new digital ruble with consumers this week.
BUSINESS / Tech
Aug 16, 2023
Russia tests digital ruble for sanctions evasion and social control
Development of the digital ruble took off after Western sanctions blocked Russia from parts of the global banking system.
People buy food at stalls promoting China's digital yuan, or e-CNY, during the 2022 China International Fair for Trade in Services in Beijing in September 2022.
BUSINESS / Markets
Aug 10, 2023
With blockchain 'bridge', China challenges U.S. dollar dominance
A Beijing-backed digital prototype for sending money around the world without relying on U.S. banks is advancing quickly.
Japan Times
BUSINESS / Economy
Apr 15, 2023
Japan backs IMF efforts to improve guidance on digital currency risks
The IMF is currently developing a handbook to be used by policymakers and Japan will provide financial assistance for the work.
Japan Times
BUSINESS
Feb 18, 2023
Bank of Japan to start new test of digital currency in April
In the experiment, which will involve payment service providers and financial institutions, technical challenges will be examined in the event a digital yen is issued.
Japan Times
BUSINESS
Feb 17, 2023
Bank of Japan to launch pilot program for issuing digital yen
The move follows two years of experiments the BOJ has been conducting to decide whether to issue a so-called central bank digital currency.
Japan Times
COMMENTARY / World
Jan 16, 2023
Why the Fed needs to take the digital yuan seriously
The e-CNY will be more than just a paperless version of cash for China's local economy, its use in trade settlements would pose a challenge to the U.S. dollar.
Japan Times
COMMENTARY / World
Dec 12, 2022
China developing the digital yuan to protect its interests
The ruling Communist Party is sacrificing innovation on the altar of social stability.
Japan Times
BUSINESS / Markets
Nov 24, 2022
BOJ plans digital yen experiment with mega-banks next spring
If the BOJ decides to issue a digital yen, one viable option would allow consumers to use the currency via a special app on their smartphones.
Japan Times
BUSINESS
Oct 25, 2022
Shunned digital currency looks for street credibility in Nigeria
The central bank's focus on the digital currency is creating confusion among many Nigerians, who fail to see the difference between the government-backed eNaira and cryptocurrencies.
Japan Times
BUSINESS / Tech
Oct 11, 2021
G7 to set out guiding principles on central bank digital currencies
At a meeting of finance chiefs on Wednesday, the nations will call for transparency and privacy protections as part of a common set of rules for the currencies, a draft document shows.
Japan Times
BUSINESS / Economy / FOCUS
Dec 24, 2020
Japan prepares for digital currency, in line with China and others
But the Bank of Japan is likely to take some years to decide whether to officially issue its digital currency, as are other major central banks.
Japan Times
BUSINESS
Oct 23, 2020
BOJ official says digital currency needs public support first
China's plans to issue a digital yuan, while still not fleshed out, have heightened global interest in digital currencies among central banks and policymakers.
Japan Times
BUSINESS / Economy
Oct 13, 2020
Japan must revise BOJ law to speed up digital currency, senior LDP official says
Japan has been cautious about moving too quickly on digital currencies given the social disruptions it could cause.

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on