The Financial Services Agency of Japan: No plans to promote cryptocurrency transactions, including Bitcoin, call attention to CBDC

Ryozo Himino, the new commissioner of the Japanese Financial Services Agency (FSA), said in an interview with Reuters that Japanese regulators currently have no plans to promote cryptocurrency transactions, including Bitcoin, but called for more attention to the central bank digital currency (CBDC). He said that if deregulation will increase speculative transactions, no measures will be taken to promote or promote cryptocurrency transactions. Chain Wen previously reported that the Bank of Japan had appointed its chief economist Kazushige Kamiyama last month as the head of the payment and settlement department, which is responsible for overseeing the central bank’s digital currency. Seisaku Kameda will take over as chief economist and head of the statistics department of the Bank of Japan.