Central bankers to forge ahead on digital currencies in April

Chiefs from Japan, Canada and Europe will meet and focus on cross-border transfers

Euros on display at a central bank. The European Central Bank is one of the institutions exploring the idea of issuing its own digital currency. © Reuters

YUKIHIRO SAKAGUCHI, Nikkei staff writer

February 6, 2020 07:26 JST

TOKYO -- The heads of six central banks and the Bank for International Settlements in mid-April will hold their first meeting on developing their own digital currencies, which can serve as alternatives to Facebook's Libra or the digital yuan.