BoJ working closely with fintech firms, says Kuroda

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Financial technology can contribute to “raising growth potential”, says Kuroda

Financial technology can contribute to “raising growth potential” and “addressing social challenges”, but central banks need to grapple with a wide range of issues to ensure stability, the Bank of Japan governor has said.

Speaking at a financial forum on December 4, Haruhiko Kuroda said major cities including Tokyo view fintech as “one of the major driving forces” to promote financial services and industries.

From a central bank perspective, Kuroda said the BoJ is “actively promoting” fintech

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