5)  Conclusion  Notwithstanding their potential benefits for the efficiency of the financial system and their rapid diffusion before the start of the turmoil, credit derivatives have not prevented the materialisation of risks they were conceptually aimed at addressing.
In Japan, people using cashless payments seem to have increased since the introduction of the “Point Reward Project for Consumers using Cashless Payment” by the government in October 2019. However, at the same time, the outstanding amount of cash in circulation has also increased by two percent annually. The preference for cash remains surprisingly strong.