Taiwanese Central Bank to Test CBDC, Not Race to It

Taiwanese Central Bank to Test CBDC, Not Race to It

Taiwanese Central Bank Governor Yang Chin-long stated that the development of digital currency (CBDC) is not an international competition, and being the first to launch does not guarantee success. He disclosed that the Central Bank of the Republic of China (Taiwan) will conduct three scenario tests for the digital New Taiwan Dollar. Despite no current […]