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Japan Post Bank to launch digital yen in 2026
Japan Post Bank said it would launch a digital yen by the end of fiscal 2026 to make it more convenient for its depositors to make digital financial transactions. The move by the postal giant, which holds roughly 190 trillion yen ($1.29 trillion) in deposits, highlights a growing wave of domestic entities tapping blockchain technology to streamline financial transactions. Japan Post Bank, whose shareholders include the Japanese government, will introduce "DCJPY," a digital currency developed by DeCurret DCP, for its depositors, the two companies said in a statement on Monday. Once introduced, Japan Post Bank's ... (full story)
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