Progress

Current status
concluded
29 May 2023 concluded
17 Feb 2023 under deliberation
26 May 2022 concluded

Scope

Implementers
Japan
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national

Timeline of events

29 May 2023
concluded

Published Results and Findings from “Proof of Concept Phase 2” of CBDC pilot project

On 29 May 2023, the Bank of Japan published the Results and Findings from “Proof of Concept Phase 2” for a Central Bank Digital Currency (CBDC). Phase Two, conducted from April 2022 to March 2023, focused on evaluating additional functions and techn…

Source
Event type inquiry
Action type closure
Government branch executive
Government body central bank
17 Feb 2023
under deliberation

Announced launch of CBDC pilot project

On 17 February 2023, the Bank of Japan announced the launch of a pilot project for a Central Bank Digital Currency (CBDC) which will take place in April 2023. The project aims to test the technical feasibility of interlinking various systems and inc…

Source
Event type inquiry
Action type announcement
Government branch executive
Government body central bank
26 May 2022
concluded

Published Results and Findings from “Proof of Concept Phase 1” of CBDC pilot project

On 26 May 2022, the Bank of Japan published the Results and Findings from “Proof of Concept Phase 1” for a Central Bank Digital Currency. During Phase One, which took place from April 2021 to March 2022, the Bank of Japan conducted an experiment to …

Source
Event type inquiry
Action type closure
Government branch executive
Government body central bank