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Wednesday

21 October 2020

‘No single digital currency will dominate the world’ Bank of Japan now says

‘No single digital currency will dominate the world’ Bank of Japan now says


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He said that on the contrary, the first-mover advantage may easily turn into a disadvantage, and that no single digital currency will dominate:

He also said that when and if the BOJ issues a CBDC, there is a possibility that the bank will implement caps on the quantity issued, and how much of the asset entities would legally be allowed to hold

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