Edition:
United States

Takahiko Wada

BOJ digital currency will help boost cryptocurrency trading, says Monex head

Nov 24 2020

TOKYO Central bank digital currencies will help boost trading of cryptocurrencies by providing a more convenient platform for converting cryptocurrencies into legal tenders, said Oki Matsumoto, head of Japan's Monex Group.

Japan likely to need years to issue a digital currency, says ex-BOJ executive

Nov 17 2020

TOKYO, Nov 17 Japan will likely need several years before it can issue a digital currency due to various hurdles including the need for measures that would prevent huge outflows from private bank deposits, a former Bank of Japan executive said on Tuesday.

In Japan's Nagasaki, some glimmers of economic revival

Oct 30 2020

NAGASAKI, Japan On Japan's southern tip, some initiatives to revitalise local businesses are making small but steady success, offering a silver lining for a region that has long suffered from an ageing population and declining economy.

Exclusive: BOJ to cut growth, inflation forecasts as pandemic pain persists - sources

Oct 20 2020

TOKYO Japan's central bank is expected to cut its growth and price forecasts for the current fiscal year at next week's rate review, sources familiar with its thinking said, as the coronavirus pandemic weighs on the economic recovery.

Japan to join forces with U.S., Europe in regulating Big Tech firms: antitrust watchdog head

Oct 19 2020

TOKYO Japan will join forces with the United States and Europe to take on any market abuses by the four Big Tech companies, the new head of its antitrust watchdog said on Monday, a sign Tokyo will join global efforts to regulate digital platform operators.

In Japan's Chiba, lender picks 'wings' alliance over mergers to battle economic woes

Oct 16 2020

TOKYO As an ageing population and years of ultra-low interest rates prompt Japan to push for consolidation among regional lenders, Chiba Bank is weathering the challenge with a different approach - by forming loose alliances or "wings" with other players.

Bank of Japan official downplays fears over China's digital currency

Oct 15 2020

TOKYO No single digital currency will dominate global transactions if central banks strive to enhance their own settlement systems, a senior Bank of Japan official said, brushing aside fears China's rapid progress on a digital yuan could upend markets.

Bank of Japan official downplays fears over China's digital currency

Oct 15 2020

TOKYO No single digital currency will dominate global transactions if central banks strive to enhance their own settlement systems, a senior Bank of Japan official said, brushing aside fears China's rapid progress on a digital yuan could upend markets.

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