Laos enlists Japan startup for study on digital currency

ASEAN member is latest China-linked economy to seek new payment options

20211002N Laos market

A night market in Laos: The country's central bank will study the possibility of issuing a digital currency. © Getty Images

KEITA SEKIGUCHI, Nikkei fintech editor

TOKYO -- Laos will explore issuing its own digital currency with support from a Japanese financial technology startup that was involved in a similar effort by Cambodia, Nikkei has learned.

The study by Laos' central bank and Tokyo-based Soramitsu will begin as early as this month.

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