Japan has joined the league of countries working on a Central Bank of Digital Currency (CBDC) for a national cryptocurrency. The apex bank in Japan, the Bank of Japan (BoJ) is set to unveil the country’s national cryptocurrency. This development is coming as a result of several meetings and discussions by the country’s financial and monetary regulatory agencies on the development of having a Central Bank of Digital Currency (CBDC) in Japan. The national cryptocurrency is a joint project of the Bank of Japan (BoJ), the Ministry of Finance (MoF), and the Financial Services Agency (FSA). Strengthening Japan’s presence with
