![Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says](https://digitallifegaming.com/wp-content/uploads/2023/12/C5IMLNTLGVBOFFZTAX53Z5DELA-768x402.jpg)
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Chu says CBDCs “can serve as the operational basis for tokenization” as traditional financial institutions increasingly experiment with digitizing real-world assets. But these innovations may also pose significant risks to financial stability, consumer protection, anti-money laundering measures and market integrity, Chu warned.
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