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


FILE PHOTO A police officer stands beside the Taiwanese Central Bank logo in Taipei Taiwan February 26 2018. REUTERSTyrone Siu

FILE PHOTO: A police officer stands beside the Taiwanese Central Bank logo in Taipei, Taiwan February 26, 2018. REUTERS/Tyrone Siu

TAIPEI (Reuters) - 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 past two years, to allow people to use a digital wallet and make payments without using a debit or credit card.

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