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FEASIBILITY STUDY ON DIGITAL CURRENCY TO BE STARTED BY THE BANK OF JAPAN FOR FISCAL 2021
Highlights –
- Feasibility study on digital currency to be started by the Bank of Japan for fiscal 2021.
- The study is said to begin in April 2021.
- BOJ will collaborate with other central banks and fintech firms to study the same. ...
DIGITAL CURRENCY CANNOT BE UNDER PRIVATE FIRMS
Highlights:
- Bank of France's Governor stated that private companies cannot be given the charge to issue digital currency.
- Central banks across the world are planning to release digital money to prevent the loss of state control over money. ...