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Bank of Japan Deputy Governor Calls for 'Holistic Approach' to Global Monetary System on Saturday

GateNews

Monetary Policy Forex

2026-05-16 11:27:13

On Saturday, Ryoji Hyakumori, deputy governor of the Bank of Japan, called for a ‘holistic approach’ to designing the future global monetary system, cautioning against limiting choices to central bank digital currencies (CBDCs) and stablecoins alone. Hyakumori noted that Japan is prepared for both pathways, having launched CBDC pilot projects while also becoming one of the first countries to establish stablecoin legislation. He emphasized that future monetary systems require comprehensive design integrating technological feasibility, social costs, user convenience, financial stability, and monetary policy considerations.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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