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Japan will prioritize simplicity in CBDC design, says central bank executive By Cointelegraph

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While Japan’s CBDC plans are still in the research stage, Shinichi Uchida, an executive of the Bank of Japan (BOJ), has said simplicity will drive the central bank’s design thesis for the digital yen.

According to Reuters Uchida stated this in a Friday speech calling for modalities be established. You can be sureThe CBDC can be used in conjunction with private payment channels.