Japan central bank digital currency (CBDC) has not been in the news until now. The buzz in the media began when at a recent seminar Masayoshi Amamiya, the deputy governor at the Bank of Japan (BoJ) expressed that the country must be ready to launch a CBDC shall the need rises. Amamiya furthers that the decision to introduce Japan central bank digital currency would be based on public demand for a CBDC that can happen in the wake of recent technological advancements. Amamiya furthers that despite the fact that a CBDC may be an eventual requirement for the country, BoJ