BoJ’s Nakaso says digital currencies would allow ‘wider access’ to payments
Replacing banknotes with digital currencies would be “extreme”, deputy governor says
Innovation in financial technology has the power to allow wider access to central bank payment and settlement systems, a deputy governor from the Bank of Japan has said.
Speaking on April 21, Hiroshi Nakaso examined what the future of central bank financial market infrastructure would look like, taking a special interest in the evolution of fintech and the opportunities it could hold.
“If central bank digital currency is directly issued to the general public, it would allow wider access to
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