Japanese Lawmakers Will Propose Digital Yen to Counter Libra, China: Report – CoinDesk

Japanese Lawmakers Will Propose Digital Yen to Counter Libra, China: Report – CoinDesk

Politicians from Japan’s ruling Liberal Democratic Party plan to propose the nation issues its own digital currency. According to a Reuters report on Friday, about 70 lawmakers from the party feel a digital yen is needed to counter the approaching launches of Libra and China’s digital currency.