Crypto
Japan Joins the CBDC Race, Will Conduct Tests in April
Bank of Japan is set to start a CBDC pilot program and prepare for a potential launch of a digital yuan.
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BTC$62,533.00-3.27%
ETH$1,660.02-4.47%
USDT$0.9988-0.01%
USDC$0.9998+0.00%
XRP$1.10-3.16%
SOL$68.97-5.07%
TRX$0.3301-0.45%
FIGR_HELOC$1.04+0.35%
HYPE$62.57-7.36%
DOGE$0.079-5.01%
USDS$0.99960.00%
RAIN$0.0157+4.11%
LEO$9.54-0.17%
ZEC$417.90-7.62%
XLM$0.1932-6.36%
The Japanese yen fell 1.1% against the dollar after BOJ's dovish pledge to "patiently" maintain loose policy.
Bank of Japan is set to start a CBDC pilot program and prepare for a potential launch of a digital yuan.
Japan's central bank continues the great monetary experiment as the most indebted developed nation.