Japan Post Bank to launch digital yen in 2026


FILE OHOTO: Japan Post Bank Co's logo is seen on its ATM machine in Tokyo, Japan, August 12, 2016. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO (Reuters) -Japan Post Bank said it would launch a digital yen by the end of fiscal 2026 to make it more convenient for its depositors to make digital financial transactions.

The move by the postal giant, which holds roughly 190 trillion yen ($1.29 trillion) in deposits, highlights a growing wave of domestic entities tapping blockchain technology to streamline financial transactions.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

EU to bar Chinese suppliers from critical infrastructure, FT reports
South Korea says US chip tariff to have limited immediate impact
Gmail users must make major decision regarding new AI features in their email
This tech startup is cutting through the noise at CES by railing against 'upgrade culture'
Internet gaming disorder: New book by US psychiatrists helps spot addiction
Report: AI used to generate thousands more child abuse videos in 2025
California demands Elon Musk's xAI stop producing sexual deepfake content
US FTC to scrutinize Big Tech's talent acquisition deals, Bloomberg News reports
Google asks US judge to defer order forcing it to share data while it appeals
Musk and Ryanair CEO clash over cost of Starlink Wi-Fi on planes

Others Also Read