Japan Gearing Up to Launch Its Own Digital Currency: Report
The group is preparing to conduct a feasibility study for its virtual currency in 2021.
The Swiss National Bank tested the feasibility of CBDCs in 2020.
"We’re not a bank and we don’t want to become a bank and we don’t want to compete with our customers who are banks," said Brad Smith.
El Salvador President Nayib Bukele's brothers reportedly presented the plan to foreign investors.
Carney has argued for a digital replacement to fiat, amid the U.S. dollar’s waning hegemony.
Job postings describe a walled garden-type digital currency that could roll out in emerging economies.