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Japan kicks off industry-led discussion for a unified digital currency

By Toko Sekiguchi ( November 26, 2020, 01:56 GMT | Insight) -- A Japanese industry-led forum that includes some of the country's top banks and telecommunications companies is hoping that a wide-use digital currency could start operations as soon as 2022. The digital currency scheme, which is being discussed by nearly 40 major corporations, aims to address technological, industrial and regulatory challenges faced by many crypto and digital currencies for consumer and business use. The range of industries joining the discussion reveals the scope for digital currencies to expand into large-scale transactions and trade.A Japanese industry-led forum that includes some of the country's top banks and telecommunications companies is hoping that a wide-use digital currency could start operations as soon as 2022. ...

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