About 70 Jap firms to test digital currency in coming months, launch in FY2022 - Printable Version
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About 70 Jap firms to test digital currency in coming months, launch in FY2022 - Levin - 24-11-2021
Leika Kihara and Kantaro Komiya
Wed, 24 November 2021, 7:14 am
TOKYO (Reuters) - A consortium of roughly 70 Japanese firms, including the country's three mega-banks, said it aims to launch a yen-based digital currency in fiscal 2022 after beginning trials in coming months.
The digital currency, tentatively called "DCJPY", will be backed by bank deposits and use a common platform to speed up large-scale fund transfers and settlement among companies
https://www.reuters.com/business/finance/consortium-japan-firms-test-launch-digital-currency-nikkei-2021-11-23/
RE: About 70 Jap firms to test digital currency in coming months, launch in FY2022 - Niubee - 24-11-2021
See. Many are running away from USA financial system...
