Central Bank-Issued Cryptocurrency Could Impact The Financial System, Says Bank of Japan Official

Blockchain, News | April 18, 2018 By:

Bank of Japan Deputy Governor Masayoshi Amamiya said that a central bank-issued cryptocurrency could significantly impact the current structure of the banking system.

In his closing remarks at the IMF-JFSA-BOJ Conference on FinTech, Amamiya said that the issuance of central bank digital currencies for general use could be analogous to allowing households and firms to directly have accounts in the central bank.

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