TOKYO -- The Bank of Japan will begin a pilot program for a digital yen with commercial financial institutions in April, the central bank said Friday, in trials expected to last several years.
Economy
Digital yen pilot program to start in April, Bank of Japan says
Banks and payment service companies expected to take part in project
The Bank of Japan has been working since 2021 on a proof of concept to see if the introduction of a digital yen is technologically possible. (Photo by Kento Awashima)
Read Next
Latest on Economy
