The initiative received 47 project proposals from Brazil, Germany, the U.S., Israel, Mexico, Portugal, the U.K. and Sweden, the central bank said in a statement on Thursday, noting that it is seeking to evaluate use cases for a CBDC and assess its technological feasibility.
Japan’s Embrace of Web3 Uncertain as Ruling Party Under Threat
Japan’s Prime Minister Fumio Kishida and his ruling Liberal Democratic Party (LDP) have shepherded the country’s Web3 strategy along with...