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HOME Knowledge Insight Publications Capital Markets & IT - lakyara Capital Markets & IT -lakyara List Capital Markets & IT - lakyara June 2021 Overview of pending legalization of digital currency paychecks and future challenges

Overview of pending legalization of digital currency paychecks and future challenges

Jun. 10, 2021

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Since January, discussions on lifting the ban on direct-depositing of wages/salaries into mobile payment accounts have been rapidly pro-gressing. If this deregulation comes to fruition, it should bring a lot of benefits for users. From a financial system standpoint, however, money transmitters’ business model may need a rethink.

About the Author

  • Katsutoshi Takehana

    Senior Researcher

    Financial Market & Digital Business Research Department

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