BoJ working closely with fintech firms, says Kuroda
Fintech can make contributions to both emerging and developed countries
Financial technology can contribute to “raising growth potential” and “addressing social challenges”, but central banks need to grapple with a wide range of issues to ensure stability, the Bank of Japan governor has said.
Speaking at a financial forum on December 4, Haruhiko Kuroda said major cities including Tokyo view fintech as “one of the major driving forces” to promote financial services and industries.
From a central bank perspective, Kuroda said the BoJ is “actively promoting” fintech
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