B. S., the research on the digital currency: Kuroda

FILE PHOTO: Bank of Japan (BOJ) Governor, Haruhiko Kuroda, speaking in an interview with Reuters in Washington, d.c., USA, October 19, 2019. REUTERS/Carlos Jasso/File Photo

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Tuesday that the central bank has no plans now to issue a digital currency, but it is the conduct of research, and in the case that it is necessary in order to do this, increase it in the future.

It was a stable coin, it should not be granted, unless there is an adequate framework to ensure governance and risk management.

“If the stable currencies backed by companies with a large customer base worldwide issue, that could have an impact on the conduct of monetary policy and financial system stability,” Kuroda told parliament.

Reporting by Leika Kihara; Editing by Chris Gallagher

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