Bank of Japan

8301

JP3699200006

Banks

Market Closed - Japan Exchange Other stock markets 01:59:46 2024-04-19 am EDT			5-day change	1st Jan Change
30,200 ^JPY	-1.31%		-2.74%	+15.27%

Apr. 02	Japan's money printing slows as BOJ moves away from radical stimulus	RE
Mar. 20	Bank of Japan's next rate hike likely in July or October, Nikkei reports	RE

Bank of Japan : Commencement of Central Bank Digital Currency Experiments

April 05, 2021 at 01:10 am EDT

April 5, 2021

Bank of Japan

Commencement of Central Bank Digital Currency Experiments

The Bank of Japan has been undertaking preparations to begin experiments on Central Bank Digital Currency (CBDC) in early fiscal year 2021, to test the technical feasibility of the core functions and features required for CBDC. As necessary preparations are now complete, Proof of Concept (PoC) Phase 1 begins today.

In PoC Phase 1, the Bank plans to develop a test environment for the CBDC system and conduct experiments on the basic functions that are core to CBDC as a payment instrument such as issuance, distribution, and redemption. This phase will be carried out through March 2022, for a duration of one year.

Attachments

Original document
Permalink

Disclaimer

Bank of Japan published this content on 05 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 April 2021 05:09:05 UTC.

Latest news about Bank of Japan

Japan's money printing slows as BOJ moves away from radical stimulus	Apr. 02	RE
Bank of Japan's next rate hike likely in July or October, Nikkei reports	Mar. 20	RE
Bank of Japan's next rate hike likely in July or October, Nikkei reports	Mar. 20	RE
BOJ to call time on negative interest rates and end yield curve control - Nikkei	Mar. 18	RE
BOJ chief Ueda keeps upbeat view on inflation, wage outlook	Feb. 21	RE
Bank of Japan Reports Earnings Results for the Half Year Ended September 30, 2023	Nov. 28	CI
BOJ's hawkish rhetoric signals chance negative rates may end soon	Nov. 15	RE
BOJ may hold off on ending negative rates until April - ex-board member	23-09-26	RE
BOJ will keep current policy until at least July 2024, most economists say	23-08-25	RE
Investors manoeuvre, warily, for long-shot BOJ policy move	23-07-27	RE
Bank of Japan Reports Earnings Results for the Full Year Ended March 31, 2023	23-05-29	CI
Bank of Japan Announces Governor Changes	23-04-05	CI
Japan banks, JGB yields plunge as traders assess SVB fallout	23-03-14	RE
Japan banks, JGB yields plunge as traders assess SVB fallout	23-03-14	RE
Japan bank shares plunge with JGB yields amid SVB risks	23-03-13	RE
At BOJ's helm, MIT-educated Ueda to put theory into practice	23-02-23	RE
Incoming BOJ head Ueda will end yield control, keep low rates - ex-c.bank executive	23-02-15	RE
At BOJ's helm, MIT-educated Ueda to put theory into practice	23-02-13	RE
Analysis-Japan's debt time bomb to complicate BOJ exit path	23-02-10	RE
BOJ's record bond buying highlights challenge for yield control	23-02-01	RE
Japan Consumer Prices Hit 41-Year High	23-01-19	DJ
Shares shine, dollar dims as BOJ battles bond bears	23-01-16	RE
Shares rise, yen climbs as BOJ battles bond bears	23-01-16	RE
Asian shares rise, yen climbs as BOJ battles bond bears	23-01-15	RE
BOJ may tweak yield control this year if wage hikes broaden - ex-central bank official	23-01-13	RE

Chart Bank of Japan

Duration

Period

More charts

Company Profile

Bank of Japan is the central bank of Japan. It aims to finance the perfect national economy development through stabilizing the prices. The Bank also decides and executes the financial policies. The Financial policy operation principles are decided by Policy Meeting and Monetary Policy Meeting, and concretized by the supplying and absorption of money in the market by the daily money market adjustment.

Sector

Banks

More about the company

Income Statement Evolution

More financial data

Sector Other Banks

	1st Jan change	Capi.
BANK OF JAPAN	+15.27%	198M
JPMORGAN CHASE & CO.	+6.55%	523B
BANK OF AMERICA CORPORATION	+6.19%	281B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+7.59%	251B
WELLS FARGO & COMPANY	+19.34%	206B
BANK OF CHINA LIMITED	+12.75%	172B
CHINA CONSTRUCTION BANK CORPORATION	+4.73%	159B
HSBC HOLDINGS PLC	+0.36%	149B
ROYAL BANK OF CANADA	-0.36%	137B
HDFC BANK LIMITED	-10.41%	136B