Top Japan banks and BOJ to begin trials of digital yen next year

Central bank to launch two-year pilot program to test transactions

20221123 digital yen

The BOJ is ramping up efforts toward introducing a digital currency, putting together a trial run with Japan's biggest commercial banks.

Nikkei staff writers

TOKYO -- The Bank of Japan is working with the country's top three banks and regional financial institutions to launch trial transactions of a digital yen this spring, Nikkei has learned.

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