Taiwan Postpones Launch of Digital Currency Indefinitely
Diving Into the Future: How Taiwan is Approaching Digital Currency Innovation In the ever-evolving world of digital currency, countries are exploring new ways to integrate technology into their financial systems Taiwan is making headlines with its careful yet innovative approach toward the development of a central bank digital currency (CBDC) Rather than rushing the process, the nation is focused on making steady progress to ensure the new financial technology benefits everyone Patience is a Virtue in Digital Currency Development At the helm of this forward-thinking approach is President Yang Chin-long of Taiwan's Central Bank He underscores that while there's no rush to issue a central bank digital currency immediately, significant strides are being made in enhancing the efficiency and innovation within Taiwan's payment system...
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