Central banks in Japan and Europe explore digital currencies

Anxiety over Libra and digital yuan prompts joint research

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The Bank of England, pictured here, is launching a joint research group into digital currencies with European, Japanese and Canadian central banks. © Reuters

KATSUJI KAMEI, Nikkei staff writer

TOKYO -- Central banks in Japan, Europe and Canada are taking a joint look into issuing digital currencies in their home jurisdictions, hoping to offer a convenient and safe alternative to Facebook's Libra or the digital yuan.

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