According to Foresight News, the Central Bank of Japan has released a mid-term report on its work regarding central bank digital currency (CBDC). At present, the bank has not yet decided whether to introduce a CBDC in Japan. However, it will continue to consider the CBDC as a prerequisite for discussion and will continue to work on building an experimental system based on the discussions in the CBDC forum.
In addition to this, the Central Bank of Japan has also launched a CBDC API sandbox this month. It is exploring broader interoperability with external systems and additional functionalities. The bank's efforts are part of a larger global trend of central banks exploring the potential of digital currencies and their impact on the financial system.