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Japan Launches Digital Currency To Process Clean Energy Certificates

Published 12/10/2023, 13:30
Updated 12/10/2023, 13:45
Japan Launches Digital Currency To Process Clean Energy Certificates
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Coin Edition -

  • Crypto exchange DeCurret will launch a digital currency used to issue clean energy certificates.
  • The currency is being launched in partnership with 12 Japanese firms including Mitsubishi UFJ, Mizuho, and Sumitomo Mitsui Financial Groups.
  • DCJPY, the digital currency will be used by a telecommunications company, Internet Initiative Japan (IIJ).

According to a news report from Reuters, crypto exchange DeCurret announced on October 12 that a group of Japanese companies, including Mitsubishi UFJ Financial Group, Mizuho Financial Group, and Sumitomo Mitsui Financial Group, will band together to launch a digital currency by July 2024. This currency will be utilized for the exchange and settlement of clean energy certificates.

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