Cryptocurrency News From Japan: Jan. 20–24 in Review

This week’s headlines from Japan include several central banks collaborating on digital currency research, Binance removing the Japanese yen from its platform, Japan’s Liberal Democratic Party investigating digital assets, comments from Japan’s Deputy Prime Minister on digital currency research importance, and Coincheck paying out its first Lisk staking reward. Japanese political party proposes digital currencies Japan’s ruling Liberal Democratic Party aims to propose a national digital asset in spring of this year, according to some reports.

Bank of Japan and several other central banks evaluate digital currencies News of action from Japanese lawmakers coincides with the debut of a research group of global central banks — including the Bank of Japan (BOJ) — that will study the possibilities and limitations of central bank digital currencies, or CBDCs. Japanese Finance Minister says no digital assets on the horizon While policymakers are showing clear signs of interest in CBDCs, Japan’s Minister of Finance and Deputy Prime Minister Taro Aso said that the immediate issuance of such an asset is not an immediate priority.

Timeline of Lisk