Japan’s Nikkei newspaper reported that six global central banks will meet in April, together with Bank of International Settlements on the topic of digital currencies. Central banks of the UK, Eurozone, Japan, Canada, Sweden and Switzerland said last month that they’re going to share information regarding digital currencies issuance.
For the April meeting, discussions will include ways to streamline cross-border settlement, as well as security issues. An interim report is expected in June, with a final report to be published around Autumn.
BoJ board member Takako Masai said together that “In Japan, we don’t have any plans now to issue central bank digital currencies… But we need to make an effort so we’re ready to respond, in case public demand for central bank digital currencies rise dramatically.”
