Japan's Strategy on Digital Currency and Its Implications
Japan is globally recognized as one of the most active countries in terms of digital currency trading and usage.It has formulated comprehensive development strategies in three aspects:private digital currency,central bank digital currency(CBDC)and digital currency international cooperation.As for strategic objectives,Japan's domestic digital currency strategy aims at development,while the international strategy emphasizes security.The pursuit of international security also functions as a protective measure for domestic development.As for the content of the strategy,Japan values private digital currency but is cautious about CBDC domestically to promote economic development,while it actively promotes CBDC cooperation among developed countries internationally to ensure national economic security and address the constraints on the development of domestic CBDC.As for strategic coordination,Japan adopts complementary domestic and international strategies in the private digital currency area,while it employs alternative ones in the CBDC area.Japan's systematic development strategy on digital currency provides three implications to China:the innovation role of the Chinese private sector should not be ignored,the equality and inclusiveness of international CBDC governance should be promoted,and the coordination of domestic and international development strategies on digital currency should be strengthened.
crypto assetsstablecoincentral bank digital currencydevelopment and securityfinancial security
NETL
NSTL
万方数据
