The Bank of Japan's CBDC pilot project was launched in April

ChainCatcher News, the Bank of Japan (BOJ) has released the results of the second phase of its central bank digital currency (CBDC) proof of concept (PoC) experiment and confirmed that its CBDC pilot project was launched as scheduled in April. The second phase of the PoC ran for a year from April 2022 to March 2023, testing the technology for implementing limits on CBDC holdings to ensure the stability of the financial system, such as in the event of sudden transfers of bank accounts to CBDC, and also examined the convenience for users in initiating and scheduling payments. (Source link)