Japan’s finance ministry is reportedly planning to launch an expert panel in April to assess the feasibility of issuing a digital yen, according to NHK.

Kazuma Nakatani, of the Constitutional Democratic Party, said in a session of parliament Wednesday that he asked ChatGPT: “What kind of questions would you ask the prime minister if you were a member of the lower house of parliament?” He then used those responses to form questions for Prime Minister Fumio Kishida during a discussion around a draft amendment related to Covid-19 pandemic policy.

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the Japanese government is planning to form an expert panel to explore the possibility of issuing a digital yen. The article notes that the move follows similar efforts by other countries, including China, to develop their own digital currencies.

According to data acquired by Finbold, three cryptocurrency firms with a cumulative valuation of $42.3 billion made it to the list of top 10 leading fintech unicorns globally as of Q4 2022.

Japan's finance ministry plans to launch an expert panel next month to explore the feasibility of a central bank digital currency (CBDC), or digital yen, public broadcaster NHK reported without saying where it got the information.

on March 25th, 2023, Japan is planning to ask the G7 and G20 nations to strengthen their regulation of cryptocurrencies. This is not the first time that Japan has made such a request, as the country has been a vocal proponent of stricter crypto regulation for several years.

MicroStrategy has increased its total Bitcoins holdings to 138,955 BTC, purchased for $4.1 billion at an average of $29,817 per coin.

Alibaba Cloud, the digital technology and intelligence center of Alibaba Group, is set to launch a blockchain laboratory in Shibuya, Japan in April. The lab will serve as an incubation center for game developers to learn about the latest blockchain technology and identify commercial prospects presented by the Web3 era. The lab is a collaborative effort between Tokyu Real Estate and Skeleton Crew Studio, and for now, it will be accessible to select customers and hackathon participants engaged in joint projects with Alibaba Cloud. Engineers from partner firms specialized in Alibaba Cloud and blockchain will be present to provide onsite technical assistance.

Officials from the Group of Seven (G7) leading industrial countries will discuss regulations on cryptocurrencies to improve transparency and consumer protection as part of preparations for the next meeting of the group in Hiroshima, Japan, in May, Kyodo News reported on Sunday. The group aims to take the lead in setting global standards for emerging digital asset industries, the report said. Cryptocurrency-related issues will also be a part of the upcoming G20 meeting of finance ministers and central bank governors set to take place in Washington D.C this April, according to Kyodo. (forkast)