Bitcoin

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva stated: “Crypto assets and <a href="https://coinedition.com/what-is-a-stablecoin/" rel="noopener noreferrer nofollow">stablecoins</a> are no match for well-designed central bank digital currencies (CBDCs). If CBDCs are designed prudently, they can potentially offer more resilience, more safety, greater availability, and lower costs than private forms of digital money.”Having understood the preceding statement made by Georgieva, the Bank of Japan (BOJ) has decided to launch a pilot program to test the use of a digital yen in the backdrop of nearly 100 countries testing the adoption of CBDC.<a href="https://coinedition.com/digital-yen-in-its-final-phase-what-does-this-mean-for-crypto/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

Digital Yen in Its Final Phase: What Does this Mean for Crypto?

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