Japan fast tracks digital currency development racing against China
Although Japan has in the recent past been one of the most crypto progressive nations in the world, especially in regard to regulation, it took step back on research and development of a sovereign digital currency. According to The Asahi Shimbun, local a news outlet, the Bank of Japan (BoJ) is preparing to commence substantive testing of a digital currency that could be released in future in the event China's soon to launch digital yuan becomes a threat to national security.
