stablecoin
At the end of October, the Bank of Korea (BOK) published a report regarding the opportunities, risks, and necessary policy responses surrounding the potential introduction of a Won-pegged stablecoin (SC) in Korea. Titled "Currency in the Digital Era: Harmony of Innovation and Trust," the report adopts a cautious
central bank
At the Monetary Policy Meeting ending today, the Policy Board of the Bank of Japan decided, by a 7-2 majority vote, to set the following guideline for money market operations for the intermeeting period: The Bank will encourage the uncollateralized overnight call rate to remain at around 0.5 percent.
central bank
Pursuant to Article 54 of the Bank of Japan Act, the Bank of Japan submits the "Report on Currency and Monetary Control" to the Diet twice a year. The contents of the report are as follows: * Economic and financial situation * Monetary Policy Conduct and Monetary Policy Tools * Content
central bank
Bank of Japan Executive Director Kazushige Kamiyama spoke at the third "Meetup with BoJ", hosted by the FinTech Association of Japan. Introduction Good afternoon, everyone. I am Kamiyama from the Bank of Japan. Thank you very much for this valuable opportunity to speak with all of you who
Weekly
Welcome to the one hundred tenth edition of the Japan FinTech Observer. The decades-long (if not forever) pricing system for Japanese sake has been broken. It has not happened overnight, rather it has been a slow, post-pandemic process as far as I could tell, but by now most of the
monetary policy
We always like to listen to the Bank of Japan's press conference after the Monetary Policy Meeting, not so much for the prepared statements, which can be read independently, but for the Q&A session. So here is what we have learned. I. Governor's Prepared