-
Japan Flirts With Digital Currency as Cash Loses Its Crown
The Bank of Japan (BOJ), Japan’s central bank, is reportedly looking to digital currencies as its citizens go cashless. While the country has long adhered to a “cash is king” ethos, the share of cashless payments in Japan jumped from 13.2% in 2010 to 42.8% last year, Reuters reported Wednesday (June 11), citing government data. Japan has trailed other countries in payments technology, but the rise of cashless transactions has forced the government to make sure it is ready to handle the shift. That means the possible establishment of a central bank digital currency (CBDC), the report said. Although there has ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From wellsfargo.bluematrix.com|Jun 11, 2025Today's CPI report is unambiguously good news for the FOMC. Headline CPI increased 0.1% in May and 2.4% over the past year, still comfortably below the 3.5%-4.0% nominal wage ...
From youtube.com/foxbusiness|Jun 11, 2025Galaxy Digital founder and CEO Michael Novogratz unpacks cryptocurrency strategies in America on 'The Claman Countdown.'
From cnbc.com|Jun 11, 2025Shaquille O’Neal has agreed to pay $1.8 million to settle claims that he misled investors by promoting the now-bankrupt crypto exchange FTX. The retired NBA superstar, who once ...
-
- Newer Stories
From invezz.com|Jun 11, 2025Connecticut has drawn a clear line in the sand on digital asset investment by passing House Bill 7082, which formally prohibits the state from investing in cryptocurrencies such ...
From fxnewsgroup.com|Jun 11, 2025PayPal today announced plans to make the PayPal USD (PYUSD) stablecoin available on the Stellar network pending regulatory approval by the New York State Department of Financial ...
From media.rabobank.com|Jun 11, 2025The Eurozone economy started the year on a strong footing. Growth of 0.6% q/q in Q1 allays some fears that the economy is already being hit significantly by the global trade war ...
