Japan to test digital yen in early 2023.

The Japanese central bank stated that the pilot project will be conducted in partnership with three megabanks, with a special focus on CBDC issuance and withdrawal. In addition to the megabanks, several regional banks will also participate in the pilot project.

A final decision on the transition to the digital yen is expected in 2026.

Read more at the link: https://cointelegraph.com/news/bank-of-japan-to-trial-digital-yen-with-three-megabanks