Justice of the Bank of Japan Deputy Governor Amemiya: Concerned about "three constants" and "three changes" when considering the issue of central bank digital currency

When the central bank of Japan ’s deputy governor Masayoshi Amamiya spoke at the Tokyo Future Payments Forum 2020, when considering the issuance of the central bank ’s digital currency, he must pay attention to the “three constants” and Three changes. "

The central bank should pay attention to the "three constants" in the process of digital currency issuance. First, the basic structure of the currency will remain unchanged. Second, the two-tier currency system will remain unchanged. Third, the basic role of the central bank will remain unchanged.

The "three changes" that the central bank should pay attention to in the process of digital currency issuance: First, cashless payments will grow steadily in retail payments. Second, the diversification of payment service providers is likely to continue. Third, money and data will become more closely linked.