Responding to the “Digital RMB” Considering urgently

As China is preparing to issue an electronic currency, the Digital Yuan, the Liberal Democratic Party's parliamentary parliament has advised Chief Cabinet Secretary Kan to work with the United States to urgently consider the response.

The chairman of the Liberal Democratic Party's parliamentary federation, the Amari Taxation Investigator, who has been considering the response to the “Digital RMB” as China prepares for issuance, handed a proposal to Secretary-General Kan Kan at the Prime Minister's Office.

In the proposal, it is necessary to consider the digitization of major currencies including the yen.Assuming the practical use of the `` digital yen '', urgent preparation is required, and information on the status of the `` digital dollar '' study in cooperation with the United States And sharing.

In response, Secretary-General Kan said, "If China issues a digital RMB, it will affect the current dollar-based payment system."

Amari told reporters, "Digital currency is not something that Japan does on its own. It is important that countries, especially the dollar, have a common understanding of the digitalization of key currencies."