Deputy Governor of the Bank of Japan: We need to be prepared in case rapid digitalization drives public demand for digital currencies

According to Jin Shi news, the Japanese Bank of Japan ’s deputy governor, Yumiya Masaka, said that some American scholars said that the central bank ’s digital currency will deepen negative interest rates, which is worthy of attention. Even if the central bank issues digital currencies, the banking industry will not change much. We need to be prepared in case rapid digitization drives public demand for digital currencies.