Bank of Japan Forms New Team to Explore Central Bank Digital Currency
The Bank of Japan is warming to digital currencies and now has a team dedicated to researching a possible digital yen.
The governor of the Banque de France said private-sector involvement could benefit a future digital euro initiative.
Payments giant Mastercard said its new testing platform will simulate the issuance, distribution and utility of digital currencies for central banks.
A tech-focused subsidiary of Societe Generale said it will trial up to five different blockchains to understand their usefulness in capital markets.
A director at the IMF has spoken of the value the private sector could bring to central bank digital currencies, should they be adopted by nations.
The Czech National Bank's Tomas Holub said in an interview that central bank digital currencies raise more questions than answers right now.