News On Japan

Japanese firms to launch yen-pegged digital currency next year

Oct 13 (ambcrypto.com) - A group of Japanese fintech firms is planning to launch a digital currency pegged to Yen, the national currency, under the ticker DCJPY. DeCurret shared the details via a press release on 12 October.

Japanese internet bank GMO Aozora Net Bank will issue DCJPY. Local crypto-exchange DeCurret will facilitate these transactions over its blockchain-backed network, backed by bank deposits. (Singapore-headquartered Amber Group acquired DeCurret in February 2022). The telecom firm Internet Initiative Japan will then use it to settle clean energy certificates. ...continue reading

Source: テレ東BIZ

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