Japan's top banks and 70 other companies are preparing to trial a new digital currency, backed by bank deposits, for large business transactions in H2 2022 (Nikkei Asia)

Nikkei Asia:
Japan's top banks and 70 other companies are preparing to trial a new digital currency, backed by bank deposits, for large business transactions in H2 2022  —  Top lenders and NTT join test of vehicle for business transactions  —  A consortium of over 70 Japanese companies look to launch a digital currency as early as 2022.