China is ‘6 years ahead’ of US in building blockchain payment system, CEO says
Before the recent crackdown on bitcoin, China had already emphasized integrating blockchain technology into its financial system in a variety of ways.
Before the recent crackdown on bitcoin, China had already emphasized integrating blockchain technology into its financial system in a variety of ways.
The bank also has plans to give loans for customers to purchase cryptocurrencies and open savings accounts.
Governments should strengthen their innovation systems to strategically position themselves to benefit from this new technological wave
The BOJ is among a group of seven major central banks jointly looking into core features of CBDCs.