JAPAN FIRMS TO ISSUE DIGITAL CURRENCY FOR CLEAN ENERGY TRANSACTION
NEWS Desk Global
A group of Japanese firms will issue a digital currency by July 2024 for the transaction and settlement of clean energy certificates, cryptocurrency exchange DeCurret said on Thursday. GMO Aozora Net Bank will issue the yen-based digital currency, called "DCJPY", which will operate on a network launched by DeCurret.
From next July, DCJPY is intended to be used by telecommunication firm Internet Initiative Japan (IIJ) for the settlement of clean energy certificates, which assign an "environmental value" to energy procured from non-fossil fuel sources.
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