Articles for tag: Bank of Japan, Digital Currency, Distributed Ledger Technology, financial technology, Interoperability, payment systems, Security

December 8, 2024

BOJ Governor Ueda on Future Payments and Central Banks’ Impact: Insights from Tokyo FinTech Conference December 2024

In a recent speech, Bank of Japan Governor Ueda addressed the future of payment systems at the 40th anniversary of the Center for Financial Industry Information Systems. He discussed the evolution of currencies and the vital role of trust and security in money. Ueda highlighted how digital technology has transformed payment efficiency while acknowledging challenges ...

November 1, 2024

Market News

Business

Japanese Stocks Slip as Yen Gains Amid Election Uncertainty

Japanese stocks declined after the yen gained 1% against the dollar overnight, following comments from Bank of Japan Governor Kazuo Ueda. Investor caution ahead of the upcoming US presidential election also contributed to the market’s downturn.

November 1, 2024

Market News

Business

Yen Strengthens as Bank of Japan Hints at Interest Rate Increase

The yen strengthened against the dollar, rising up to 1% as investors reacted to comments from Bank of Japan Governor Kazuo Ueda. He indicated that interest rates could be increased in the coming months, boosting confidence in the currency.