Kazuo Ueda: Bank of Japan to conduct blockchain-based currency settlement trial

ChainCatcher News reports that Bank of Japan Governor Kazuo Ueda stated on Tuesday that the central bank will conduct experiments using blockchain technology to settle deposits held by financial institutions at the central bank. These experiments will be part of the Bank of Japan’s “sandbox project,” aimed at enabling the use of central bank digital currency for various settlement scenarios through blockchain technology. Analysts believe that introducing blockchain technology could enable real-time, 24/7 settlement and reduce systemic congestion risks.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC 15-minute increase of 1.06%: Macroeconomic liquidity expectations and institutional buying resonance driving the market

On March 3, 2026, from 12:00 to 12:15 (UTC), BTC experienced a significant surge, with a 15-minute return of +1.06%. The price ranged from 67,030.1 to 67,966.1 USDT, with an amplitude of 1.40%. This movement attracted widespread market attention, with active short-term trading and increased volatility indicating accelerated capital inflows into mainstream cryptocurrencies. The main drivers of this movement were the optimistic macroeconomic policy expectations and the resonance of buy orders from leading institutions. As the Federal Reserve's interest rate meeting approaches, the market generally expects to maintain stable interest rates and to conclude quantitative tightening (QT) before May.

GateNews37m ago

Gate CBO Kevin Lee: Oil prices move first, inflation follows, and the central bank's path is the ultimate variable

Kevin Lee analyzes the impact of geopolitical conflicts on the market in the article, emphasizing that conflicts do not change the fundamental logic of the market; the key lies in their impact on inflation and central bank policies. In the short term, oil and gold experience significant fluctuations, but if energy supplies remain stable, the market will gradually recover. In the long run, inflation data and policy expectations are more important, and emotional decision-making incurs high costs. Understanding market patterns is crucial for managing volatility.

GateNews1h ago

European Central Bank: Growth of stablecoins will weaken banks' lending capacity and the effectiveness of monetary policy transmission

The latest research from the European Central Bank shows that the growth in stablecoin usage is weakening the impact of monetary policy on bank lending, leading to a decrease in bank deposits and a decline in corporate loans. This makes banks more reliant on higher-cost market financing. The extent of stablecoin's impact depends on its adoption scale and regulatory approach, especially for stablecoins denominated in foreign currencies.

GateNews1h ago

Wintermute: Despite a brief rebound on Monday, the market remains fragile. Caution is advised.

Wintermute stated that Iran's geopolitical conflicts are causing volatility in risk assets, leaving the cryptocurrency market fragile. After a brief rebound, it remains under pressure. Despite ETF inflows, institutional participation is noticeably insufficient, and the bear market trend for altcoins continues. Investors are advised to remain cautious and monitor the developments of the conflict and their impact on energy costs and interest rate expectations.

GateNews2h ago

Bank of Japan tests central bank digital currency blockchain settlement

PANews March 3 News, according to Solid Intel, the Bank of Japan will test the settlement of central bank funds on the blockchain between financial institutions.

GateNews2h ago

JPMorgan Highlights Potential Digital Asset Rally Under Clarity Act

JPMorgan sees the Clarity Act as a significant opportunity for digital assets, predicting increased institutional investment and market stabilization if clearer regulations are established, particularly by the end of 2026.

Coinfomania3h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)