In 2024, will the Bank of Japan announce the public rollout of its Central Bank Digital Currency? | Manifold

In 2024, will the Bank of Japan announce the public rollout of its Central Bank Digital Currency?

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Central Bank Digital Currencies might be a huge force in 2024. The Bank of Japan has been conducting experiments on a Central Bank Digital Currency (CBDC) since April 2021. The Bank completed the Proof of Concepts (PoCs) in March 2023, as initially scheduled. In July 2023, the BOJ launched a pilot program with 60 companies to develop a digital yen. However, the BOJ has said no decision has been made yet on whether Japan will actually issue a digital yen.

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