BOJ must be ready to issue digital currencies: deputy governor Amamiya

FAN Editor
Bank of Japan Deputy Governor Masayoshi Amamiya speaks during a Reuters Newsmaker event in Tokyo
FILE PHOTO: Bank of Japan Deputy Governor Masayoshi Amamiya speaks during a Reuters Newsmaker event in Tokyo, Japan July 5, 2019. REUTERS/Issei Kato

January 30, 2020

TOKYO (Reuters) – The Bank of Japan must prepare for the eventuality of rapid technical advances in settlement systems boosting public demand for central bank digital currencies, Deputy Governor Masayoshi Amamiya said on Thursday.

“The BOJ doesn’t have plans to issue digital currencies now. But it’s very important to continue examining the possibility,” Amamiya said in a seminar.

(Reporting by Leika Kihara; editing by John Stonestreet)

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