日本央行官員表示，中國的數字人民幣不會推倒美元

Recently Yahoo News on-line reported the following:

China’s Digital Yuan Won’t Topple Dollar, BOJ Official Says

Toru Fujioka and Sumio Ito

Bloomberg Thu., April 15, 2021, 6:22 p.m.

(Bloomberg) -- A senior Bank of Japan official played down the potential for China’s digital yuan to threaten the dollar’s position as the world’s main reserve currency.

“The dollar’s status as the key global currency won’t change so easily,” said Kazushige Kamiyama, head of the BOJ’s payment systems department and the person in charge of looking into a virtual Japanese currency. “In fact, the dollar’s advantage may strengthen further if the U.S. goes with digitalization.”

A report earlier this week showed the Biden administration is increasing its scrutiny of China’s progress toward a digital yuan amid concern it could kick off a long-term bid to displace the dollar.

The People’s Bank of China has moved closer to becoming the first major central bank to launch a virtual currency, rolling out a trial for consumers and businesses in cities across the country.

The PBOC has been working on a digital currency since 2014 and its moves have heightened interest among central banks and policy makers, while the spread of cryptocurrencies has added to a sense that competitors to regular cash could change how the financial sector operates.

The pandemic has also accelerated the use of cashless payments, even in Japan where banknotes and coins are still used in a majority of transactions.

Kamiyama said the BOJ had no specific plans for a pilot test at this point, but he denied that the central bank was lagging its peers.

“The BOJ isn’t behind” in the study of a digital currency, Kamiyama said.

The BOJ started the first phase of its own technical experiments on digital currencies last week and is participating in group studies on them with the Bank for International Settlements and six major central banks including the Federal Reserve and the European Central Bank.

The group in October said the introduction of digital currencies shouldn’t undermine the stability of the current financial system.

“No single digital currency from a central bank is likely to conquer the world as long as everyone continues to work on improving their settlement systems,” Kamiyama said.

Translation

（彭博社）-日本央行高級官員淡化了中國數字人民幣威脅美元作為世界主要儲備貨幣地位的潛力。

日本央行支付系統部門負責人，亦負起研究虛擬日圓貨幣的負責人山山一茂(Kazushige Kamiyama) 說：“美元作為全球主要貨幣的地位很難輕易改變。” “實際上，如果美國實行數字化，美元的優勢可能會進一步增強。”

本週早些時候的一份報告顯示，拜登政府正在增加對中國向數字人民幣邁進的仔細檢查，因為人們擔心它可能會啟動長期替代美元的計劃。

中國人民銀行已接近成為第一家推出虛擬貨幣的主要中央銀行，並在全國各城市推出了針對消費者和企業的試用。

自2014年以來，中國人民銀行一直在研究數字貨幣，其舉動引起了各中央銀行和政策制定者的興趣。而加密貨幣的擴散使人們更加感到, 作為常规現金的競爭對手, 它可能會改變金融部門的運作方式。

病毒大流行也加速了無現金支付的使用，即使在大多數交易中仍使用鈔票和硬幣的日本。

山山一茂說，日本央行目前還沒有進行試點測試的具體計劃，但他否認日本央行落後於同行。

他又說，在研究數字貨幣時，“日本央行沒有落後”。

日本央行上週開始了自己的數字貨幣技術實驗的第一階段，並正在與國際清算銀行以及美聯儲和歐洲中央銀行等六家主要中央銀行一起進行有關它們的小組研究。

該組織在十月份表示，引入數字貨幣不應損害當前金融體系的穩定性。

山山一茂說：“只要每個人都繼續致力於改善他們的結算系統，那麼來自單一中央銀行的數字貨幣就不可能征服世界。”

       So, BOJ has started the first phase of its own technical experiments on digital currencies last week and is participating in group studies on them with other major central banks and financial institutions including the Federal Reserve.