Japan reportedly working on a proposal to issue a national digital currency

[Bim abk]

maybe this is good news even though it hasn't really been realized. many countries have started to care about digital money, but I personally would not be so interested in centralization and maybe if I would use it only under certain conditions. but maybe this could be the beginning of the world introduction to digital money, and I hope that people can see and use bitcoin in the future.

[batang_bitcoin]

I don't think it's about "fear" of Chinese Yuan's stable coin. But this is all about innovation, adoption and upgrade of the traditional system in payments that they have. They're all doing it because they can see the true potential that it has.
This isn't about fearing but this is more about embracing the technology that is making a disruptive innovation. Well, they can assume that it's all about fearing but for me, it's not.

[Dickiy]

lately I often find posts from countries related to cryptocurrency as well as Germany and now Japan which is among the most affected countries especially China

[BitDane]

Ruling party lawmakers in Japan are reportedly working on a proposal to issue a national digital currency, Reuters reports on Jan. 24. This appears to be a response to fears of a Chinese digital yuan.

READ FULL DETAILS VIA THE LINK BELOW...
https://worldpublicityblog.com/index.php/2020/01/25/japans-lawmakers-are-reportedly-working-on-a-proposal-to-issue-a-national-digital-currency/

This is to be expected since they are a crypto friendly nation and wanted to fully take advantage of the blockchain technology.  

lately I often find posts from countries related to cryptocurrency as well as Germany and now Japan which is among the most affected countries especially China

This is simply show Cryptocurrency friendly nation know the benefit from this kind of technology and wanted to use it in their own country, aside from that they also wanted to have a digital currency that hey can fully control.

[Twentyonepaylots]

lately I often find posts from countries related to cryptocurrency as well as Germany and now Japan which is among the most affected countries especially China

This just goes to show that more and more countries realize the use of cryptocurrencies above anything else. Most of all, we know Japan is doing its best to ensure a stable economy while maintaining a clean environment. That being said, this may be a step to that goal Japan's trying to reach. Digital currency = less waste when creating money and coins. I think this is the start of a globalization.

[Febo]

Ruling party lawmakers in Japan are reportedly working on a proposal to issue a national digital currency, Reuters reports on Jan. 24. This appears to be a response to fears of a Chinese digital yuan.

READ FULL DETAILS VIA THE LINK BELOW...
https://worldpublicityblog.com/index.php/2020/01/25/japans-lawmakers-are-reportedly-working-on-a-proposal-to-issue-a-national-digital-currency/

It is pretty much obvious all big countries are working on their digital currency. Some are more motivated then others. So far only Venezuela showed us something. It is a long way for everyone else.

[patz22]

That is a good news for the world of crypto, well, Japan is most likely the best when it comes to tech and in any kind of business and it is a huge step for them to do something like this and hopefully, more and more country will follow the lead and adaption will be all over the place.

[enhu]

That is a good news for the world of crypto, well, Japan is most likely the best when it comes to tech and in any kind of business and it is a huge step for them to do something like this and hopefully, more and more country will follow the lead and adaption will be all over the place.

They were the first to have adopted BTC but they were too slow to decide to developing their own digital currency. China is the first to have decided go take action like digital yuan. You can see here that China is setting up that future for where the economy will go and Japan seemingly approved of this. Asian markets are the first to make national currencies in the trading markets.

[bttmember]

I think the coin race has begun the only surprising thing is that the giant USA is somehow way behind in this race but it could be that USA is launching Libra as a state coin in the background because Mark zuckerburg of facebook has steong backdoor relations and contacts with American govt and agencies so this can be true, otherwise we would have atleast heard about the launch of US national usd coin by now.

[shinratensei_]

That is a good news for the world of crypto, well, Japan is most likely the best when it comes to tech and in any kind of business and it is a huge step for them to do something like this and hopefully, more and more country will follow the lead and adaption will be all over the place.

Japan is a very popular country as it has very good technology and the fact if the proposal to issue the digital cryptocurrency to follow the trend that is happening right now. It's better to take a chance to be an early player rather than come to the zone when it became a popular field. I guess if the digital currency can be considered as a really good alternative to the fiat currency.
That's just a matter of time until more countries will try to follow this as when major players have made its move and small players will also try to do that but not for this time.

[tbterryboy]

I think the coin race has begun the only surprising thing is that the giant USA is somehow way behind in this race but it could be that USA is launching Libra as a state coin in the background because Mark zuckerburg of facebook has steong backdoor relations and contacts with American govt and agencies so this can be true, otherwise we would have atleast heard about the launch of US national usd coin by now.

Donald trump does not really show us any great interest in the digital markets of the decentralized cryptocurrencies. This might make USA back in the race as they have to intentions to do the same. Even they have already banned some Initial Coin Offerings which has made it even more clear that they would hardly generate any of such coin to be their national coin.

Speaking in terms of Libra coin, it is mainly developed for the facebook community. Rather than the strong relations of Mark Zuckerburg with USA, I do not really think they might accept Libra coin as their national coin. This news from japan is really a good one and I really hope that more countries should too start creating their own national coins like Japan and China.

[CarnagexD]

I think the coin race has begun the only surprising thing is that the giant USA is somehow way behind in this race but it could be that USA is launching Libra as a state coin in the background because Mark zuckerburg of facebook has steong backdoor relations and contacts with American govt and agencies so this can be true, otherwise we would have atleast heard about the launch of US national usd coin by now.

Donald trump does not really show us any great interest in the digital markets of the decentralized cryptocurrencies. This might make USA back in the race as they have to intentions to do the same. Even they have already banned some Initial Coin Offerings which has made it even more clear that they would hardly generate any of such coin to be their national coin.

Speaking in terms of Libra coin, it is mainly developed for the facebook community. Rather than the strong relations of Mark Zuckerburg with USA, I do not really think they might accept Libra coin as their national coin. This news from japan is really a good one and I really hope that more countries should too start creating their own national coins like Japan and China.

This is what probably is going on with Japan. They wanna create a cryptocurrency or a digital currency at the very least specifically made to cater their local population. Few countries especially those allied to Japan might ride the wave as well if this proves to be useful. Which in turn is a good way to rightfully start up the revolution from fiat to a new age cryptocurrency. Hope to hear from this project soon snough.

[key4co.in]

So many rumors about countries coming up with their own digital currency after the digital YUAN news. I think all these central bank digital currencies won't be built on blockchain at early stages, but with time they will see need for launching these national digital currencies on the blockchain.

[bluebit25]

I also heard that China is also in the process of launching a cryptocurrency, so if it happens then it will certainly be a big hype to help this market grow. I hope China and Japan will create a great cryptocurrency and apply it to their banking system, from which everyone will have easy access to blockchain and people will easily know and invest in it this market

[Thomas-s]

+ Another country that wants to make its national cryptocurrency that no one will need, but this is good news for those who are crypto enthusiasts. those countries that create their national cryptocurrency - attract the attention of ordinary people to this market. Of course, creating a state cryptocurrency is very difficult and most likely they will spend a lot of time on it, but for us it’s good

[bearexin]

Ruling party lawmakers in Japan are reportedly working on a proposal to issue a national digital currency, Reuters reports on Jan. 24. This appears to be a response to fears of a Chinese digital yuan.

READ FULL DETAILS VIA THE LINK BELOW...
https://worldpublicityblog.com/index.php/2020/01/25/japans-lawmakers-are-reportedly-working-on-a-proposal-to-issue-a-national-digital-currency/

Is this really serious? I was aware that china has been planning to launch their own cryptocurrency to support national in-boundary transactions but not this news is been coming from Japan too. Japan too is a highly developed country with holding most of the tech driven community. Launching their own digital coin or currency might even make cryptocurrencies more usable in the daily transactions.

This would indeed be a beneficial factor for Japan and it should drive some motivation amongst other countries too. Imagine if each country launches it's own cryptocurrency to support the offline transactions than how soon we will see huge growth in the crypto markets.

[Muhammad Muneeb]

Ruling party lawmakers in Japan are reportedly working on a proposal to issue a national digital currency, Reuters reports on Jan. 24. This appears to be a response to fears of a Chinese digital yuan.

READ FULL DETAILS VIA THE LINK BELOW...
https://worldpublicityblog.com/index.php/2020/01/25/japans-lawmakers-are-reportedly-working-on-a-proposal-to-issue-a-national-digital-currency/

adoption is the main thing. otherwise it will not have any value. Japanese and Chinese have been rivals since ages it should not only be rivalry, governments should focus on cryptos more than ever as we are using the our bank cards anyway in our usual life. 

[FLHippy]

I do not understand that goverment and national experts do not understand the real purpose of cryptocurrencies. To decentralize way of payment, to process payment without intermediary. Do they working on that? No!

[Plinteng]

there is no relationship with the yuan, because crypto and currencies in the real world differ in every aspect and function. but if they really are going to do it, it can have a positive impact on companies that plan their own digital currencies, I mean have a positive impact on the adoption of blokchain technology.

[Saisher]

Ruling party lawmakers in Japan are reportedly working on a proposal to issue a national digital currency, Reuters reports on Jan. 24. This appears to be a response to fears of a Chinese digital yuan.

READ FULL DETAILS VIA THE LINK BELOW...
https://worldpublicityblog.com/index.php/2020/01/25/japans-lawmakers-are-reportedly-working-on-a-proposal-to-issue-a-national-digital-currency/

We just hope it will materialize.it will be a big help for the community to promote and propagate Cryptocurrency, it will make those unbelievers to believer once they see that two superpowers creating their own Cryptocurrency, their curiosity will arise, and they will do their research on what's on Cryptocurrency and what is Bitcoin.