LINE, one of the most popular messaging applications in Japan is currently in discussion with different central banks in Asia for launching a new blockchain platform that facilitates development of central bank digital currencies (CBDCs).
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Japan Messaging App LINE Launches CBDC Development PlatformLINE is not the first private players to work on a CBDC platform. Last month, payments processing giant MasterCard said that they are planning to launch a new testing platform for central banks to test their own national digital currencies.
Will other companies follows?