Japan launches Oceania CBDC study

Fintech firm Soramitsu will examine outlook for digital currencies in four Pacific island states


Japanese fintech firm Soramitsu is to research whether central bank digital currencies (CBDCs) could work in four Pacific island states. The project is part of a wider multilateral development partnership between Japan and 18 Oceanian governments.

Soramitsu’s work “will evaluate the potential risks and benefits of introducing central bank digital currencies and other novel digital assets”. It will also assess current wholesale and retail payments systems in Fiji, Vanuatu, the Solomon Islands

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account