CBDC Not Widely Recognised in Japan Despite Ongoing Trials: Details

The CBDC concept in Japan, has not quite spread out to the residents there, new findings have shown. Less than 20 percent of Japan’s population is familiar with the term CBDC, claimed Kazuo Ueda, the governor of the Bank of Japan (BoJ), during a recent speech. He also noted that another 20 percent Japanese residents, while having heard of something called a CBDC, did not know or understand its concept at all. Identifying this…