Taiwan central bank says it is working on digital currency, unclear on timetable

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TAIPEI : Taiwan's central bank is still working on its digital currency and while it's unclear when the scheme could roll out to the public it will push ahead with it, governor Yang Chin-long said on Wednesday.Taiwan's central bank has been working on a pilot for a government-run digital currency for the

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TAIPEI : Taiwan's central bank is still working on its digital currency and while it's unclear when the scheme could roll out to the public it will push ahead with it, governor Yang Chin-long said on Wednesday.

Speaking at a forum on digital currencies, Yang said they have been simulating the use of the central bank digital currency, or CBDC, in a closed loop environment.

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