TAIWAN Trends and Developments Contributed by: James Huang, Eddie Hsiung and Maggie Huang, Lee and Li, Attorneys-at-Law
by payment service companies), it is generally expected that the issuance of CBDC (the digital New Taiwan dollar) might have a material impact on the current banking industry as well as on e-payment industry players. It is therefore sug - gested that industry participants should closely follow the CBDC developments as well as the results of the Central Bank’s relevant projects.
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