A top-level executive from the Bank of Japan (BOJ) revealed that the country’s central bank doesn’t plan to issue a digital currency. The BOJ justifies this decision by identifying major obstacles which prevent their further widespread adoption. Spoken Like a True Banker Masayoshi Amamiya, a deputy governor of the Bank of Japan, revealed the bank’s position on cryptocurrencies. Speaking at a lecture during the autumn annual meeting of the Japan Society of Monetary Economics,Read MoreThe post Bank of Japan Admits Its Role Would Be ‘Sharply Reduced’ by Cryptocurrency appeared first on Bitcoinist.com.
