Reported about 9 hours ago
Japan Post Bank plans to launch a digital yen, called 'DCJPY,' by the end of fiscal 2026, aimed at enhancing convenience for depositors in digital transactions. This initiative underscores the growing trend among Japanese institutions to leverage blockchain technology for financial processes. The digital currency will allow users to convert their yen into DCJPY for immediate transactions involving digital securities and other blockchain assets, ensuring instant and transparent dealings.
Source: YAHOO