Taiwan central bank completes feasibility study on wCBDC

Deputy governor says CBDCs could form “foundation of trust” for future monetary system

The Central Bank of the Republic of China (Taiwan), Taipei
The Central Bank of the Republic of China (Taiwan), Taipei
Kao Kuoen

Taiwan’s central bank has completed a technical feasibility study of a wholesale central bank digital currency (wCBDC), deputy governor Mei-lie Chu said on December 7.

The Central Bank of the Republic of China (Taiwan) is currently seeking feedback from government departments, businesses, academics and the public about issues relating to CBDCs, Chu said at an event for bankers. 

In her speech, titled “The Evolution and Future of Monetary Payments”, Chu said CBDCs and tokenised digital assets could

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