REPORT: JAPAN IS WORKING ON ITS OWN DIGITAL CURRENCY IN RETALIATION TO CHINA'S

A group of lawmakers in Japan are reportedly working to create a state-issued digital currency. According to Reuters, one of the lawmakers said its creation was a direct response to Facebook's Libra and China's digital yuan. [Read: Japan doesn't want to fight Facebook's 'cryptocurrency' Libra on its own] "China is moving toward issuing digital yuan, so we'd like to propose measures to counter such attempts," Norihio Nakayama, parliamentary vice m...

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China: China , officially the People's Republic of China , is a sovereign state located in East Asia. It is the world's most populous country, with a population of over 1.35billion. The PRC is a single-party state governed by the Communist Party, with its seat of government in the capital city of Beijing.[
- China Wikipedia
Japan: Japan idpn is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south. The characters that make up Japan's name mea
- Japan Wikipedia
Facebook PhotoFacebook: Facebook is an online social networking service. Its name stems from the colloquial name for the book given to students at the start of the academic year by some American university administrations to help students get to know each other. Facebook was founded in February 2004 by Mark Zuckerberg with
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