Bank of Japan expands blockchain settlement sandbox and says CBDC efforts are ongoing

The Bank of Japan has announced an expansion of its blockchain settlement sandbox, which aims to foster innovation and experimentation in the use of blockchain technology for financial transactions. In conjunction with this expansion, the institution also reaffirmed that its efforts to develop a central bank digital currency (CBDC) are actively ongoing, indicating a commitment to exploring new digital currency frameworks and enhancing the nation's financial infrastructure. Through these initiatives, the Bank of Japan seeks to stay at the forefront of technological advancements in the financial sector and ensure the efficiency and security of its payment systems. source: https://www.coindesk.com/business/2026/03/03/bank-of-japan-expands-blockchain-settlement-sandbox-as-2026-cbdc-decision-nears