Posted in WP-10

Taiwan’s Central Bank Takes Cautious Approach to Digital Currency Development

While some countries are in a heated race to develop central bank digital currencies (CBDCs), Taiwan’s Central Bank Governor, Yang Jinlong, is advocating for a more cautious approach. In a report by local news outlet UDC released ahead of a parliamentary meeting on July 10, Yang emphasized that prioritizing issuance isn’t the main goal. He …

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