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.
Anxiety over Libra and digital yuan prompts joint research

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