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Japan Credit Bureau to Test CBDC for Payment Settlement

Asides from creating its digital currency, JCB has been making forays into the world of blockchain, crypto, and Web3.Ahead of Japan’s issuance of CBDC, Japan Credit Bureau (JCB) has launched its digital currency. JCB is projecting that asking older citizens and young children to use a new payment infrastructure may limit the adoption of CBDCs in the future. As such, the firm is looking to test CBDC acceptance with its existing payment infrastructure vis, contactless payment system, merchants,...

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