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BOJ’s Kuroda says Japan must cooperate with U.S., Europe on CBDC norm

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TOKYO (Reuters) – Japan should cooperate with Europe and the USA in creating a worldwide normal on the technical points of issuing a central financial institution digital forex (CBDC), the chief of the central financial institution mentioned on Friday.

Whereas the Financial institution of Japan had made no resolution but whether or not to problem its personal digital forex, it was continuing with experiments and a plan to deliberate on particular designs of 1, Governor Haruhiko Kuroda advised parliament.

(Reporting by Leika Kihara; Modifying by Clarence Fernandez)

Supply: KFGO