Reading 2021-11-24
Metadata
- Ref:: Nikkei, Reuters, Hacker News (HN)
- Title:: Japan to implement bank-deposit-backed digital currency in 2022
- Author:: Takero Minami
- Year of publication:: 2021
- Category:: News
- Topic:: #topic.cryptoasset
Notes from reading
ref: HN
The digital currency will be backed by bank deposits, and the aim of this appears to be creating a interbank payments system that can run with lower costs