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Currencies

BOJ to start trials on digital yen next year as China moves ahead

G-7 central banks play catch-up to Beijing's planned virtual currency

Central banks face the challenge of issuing digital currencies without undermining policy tools like interest rates. (Nikkei montage)

TOKYO -- The Bank of Japan said Friday it plans to begin trials next year for a central bank-issued digital currency as part of an international joint research effort.

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