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Image: Masaaki Komori on Unsplash
In a response to China approving internal studies on a digital currency implementation, Japan has announced it will do the same as it keeps a watchful eye on its rival across the East China Sea.
Some of this is a reaction to the broken infrastructure to get "stimulus" funds to its citizens using the traditional methods this summer during the plague.
USD/JPY opens at 105.594 today.