Japan has no plans to deregulate Bitcoin trading,
In a Wednesday interview with Reuters, the new head of Japan’s financial watchdog said there are no plans to promote cryptocurrency trading. But he did express enthusiasm for central bank digital currencies (CBDC). Japan has sped up its work on creating its own CBDC. The new head of Japan’s financial watchdog today said that there should be more focus on central bank digital currencies (CBDCs) rather than the promotion of cryptocurrencies not pegged to fiat, such as Bitcoin.