Japan will include CBDC in its official economic plan

The Japanese government is expected to include the central bank's digital currency (CBDC) in its official economic plan. The news came 10 days after the Bank of Japan announced that it would start experimenting with the digital yen to test its technical suitability.

According to Nikkei, considerations on CBDC will be incorporated into the Honebuto Plan for Economic and Fiscal Revitalization. The Honebuto plan is the cornerstone of Japan's economic and fiscal policy, and the report says the Japanese government will "consider CBDC while working with other countries."