Starting in the spring of 2023, the BoJ will work with private banks and other organizations to identify any problems with deposits and withdrawals, and check that a central bank digital currency (CBDC) can operate during natural disasters and in areas without internet access, according to the report.
Custodia Bank Appeals Court Loss in Fed Membership Lawsuit
"Unless Federal Reserve Banks possess discretion to deny or reject a master account application, state chartering laws would be the...