The Bank of Japan's governor, Kuroda, has no plans to issue a "digital currency" that can be used in the same way as banknotes and coins, but is preparing for future environmental changes with China and other countries leading the way in this field in mind. Showed the idea of advancing.
The Bank of Japan's Governor Kuroda sent a video message to a meeting hosted by the Financial Services Agency and others on the 16th.
In this, Governor Kuroda stated that he had no plans to issue electronic money "digital currency" that can be used in the same way as banknotes and coins in circulation, saying that he had no plans to issue it at this time. "The idea that it is not appropriate to start considering only when it is needed in the future is shared by overseas central banks," he said.
"We would like to take this opportunity to carefully consider how central bank money should be provided in the face of the great change of the advent of the digital society," said China, which is leading the way in this field. With these in mind, he expressed his intention to prepare for future changes in the environment.
Regarding digital currencies, the Bank of Japan will start a demonstration experiment to confirm its function from this spring.