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Japan Should Urge US to Hurry Up With Digital Dollar Says Fisco Exec

Published 07/17/2020, 01:54 AM
Updated 07/17/2020, 03:40 AM
Japan Should Urge US to Hurry Up With Digital Dollar Says Fisco Exec

Japan is behind the curve on the establishment of a central bank digital currency and should throw its weight behind the United States establishing a digital dollar, says Takaya Nakamura, an executive from Japanese crypto exchange Fisco.

The Japanese government is reportedly planning to include consideration of a central bank digital currency (CBDC) in its official economic plan soon but the country is considerably behind China’s efforts with the digital yuan.

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