Blockchain Research

Jan

Crypto is key to Japan’s financial center play

Japan has noticeably stepped up its bid to become an international financial center over the past year. The immediate catalyst has been Hong Kong’s political troubles. Japan would like to attract international financial institutions and talent from Hong Kong, offering a more predictable and stable business environment. Yet Japan’s biggest…

Dec

Blockchain Research

When will Japan launch a CBDC?

Japan may be a cashless payments laggard, but it still plans to launch a central bank digital currency (CBDC). Tokyo’s newfound interest in a digital yen derives at least in part from a desire to stay competitive with China. Beijing’s launch of DCEP pilots this year showed that it was…

Nov

Blockchain Research

Is Cambodia’s ‘retail CBDC’ a game changer?

Cambodia has become the first country in Southeast Asia to launch a blockchain-based payment platform backed by its central bank. The Cambodian government is calling the platform, known as Project Bakong, a “retail central bank digital currency.” Co-developed with the Japanese fintech firm Soramitsu, Bakong enables transactions in both Cambodian…

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