Taiwan Central Bank analyses on Central Bank-Backed Crypto

Taiwan Central Bank analyses on Central Bank-Backed Crypto

The head of Taiwan Central Bank, Yang Chin-long stated that the institution is analyzing the positives and risks associated with the central bank-issued cryptocurrency. He debated that the cryptos are not efficiently used in payments. He added that ‘cryptos have become a commodity with extreme volatility due to speculation.’

Leave a Reply

Your email address will not be published. Required fields are marked *