October 9, 2020 B a n k o f J a p a nThe Bank of Japans Approach to Central Bank Digital CurrencyExecutive SummaryDigitalization has advanced in various areas at home and abroad on the back of rapid development of information communication technology. There is a possibility of a surge in public demand for central bank digital currency (CBDC) going forward, considering the rapid development of technological innovation. While the Bank of Japan currently has no plan