Why has Japan, a country known for technology and progress, not launched a global digital currency yet?
In a country known for robots and innovation... it's strange that Japan is still lagging behind in producing its own digital currencies to compete globally!
The reason?
Very strict laws on crypto.
Severe caution regarding financial risks after the famous Mt. Gox hack.
A focus on protecting investors more than taking risks.
But Japan is not sitting idle... there are official experiments on a central bank digital currency (CBDC), and it could be the next big thing!
Will we see digital yen soon? And will the Japanese crypto scene change?
#Japan #Digital_Currencies #Crypto #Digital_Yen #Crypto_News #CryptoJapan $BTC