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Taiwanese Central Bank to Test CBDC, Not Race to It

Post author:MiamiCrypto
Post published:July 8, 2024
Post category:CBDC CBDCs central bank digital currency (CBDC)News Bytes News Bytes - 5 Taiwan taiwanese

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…

Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says

Post author:MiamiCrypto
Post published:July 24, 2022
Post category:bank cards Banks card issuers cards CBDC commission credit cards Crypto crypto market crypto transactions Cryptocurrencies Cryptocurrency Digital Currency financial supervisory commission FSC Regulation Regulations regulator restriction restrictions rules Taiwan taiwanese watchdog

The financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets…