Taiwan will launch a digital NTD CBDC evaluation report and test it

According to local media blocktempo report, Taiwan’s “Central Bank” plans to launch a digital currency technology feasibility assessment report in the first half of this year, and then it will enter the experimental stage. Taiwan ’s “Central Bank” also stated that, as far as the current situation in Taiwan is concerned, CBDC cannot replace NTD at present. The most feasible approach should be “dual-track parallelism” to allow paper money and digital NT to coexist.