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Tag: Taiwan

Technology Company to Launch Stablecoin Backed by Taiwanese Dollar

Category: Altcoins, Blockchain, Development, Finance, News

Technology Company to Launch Stablecoin Backed by Taiwanese Dollar

Taiwan-based technology company Green World Fintech Service announced that it is set to launch Taiwanese Dollar-backed stablecoin dubbed Taiwan Digital Token (TWDT). The stablecoin will be based on the Ethereum blockchain network. Taiwanese Dollar Pegged Cryptocurrency TWDT will be pegged with the Taiwanese dollar on a one-to-one basis. It can be purchased at retail counters or online Green World, as…

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Taiwan wants to Lead the Way for Blockchain and Cryptocurrency Industries

Category: Altcoins, Bitcoin, Blockchain, Business, Development, News, Regulation

Taiwan wants to Lead the Way for Blockchain and Cryptocurrency Industries

Unlike its neighbors, Taiwan wants to jump on the blockchain and crypto bandwagon. To achieve this, it must first establish policies that would support the implementation of blockchain technology. The second area that Taiwan has to focus on is the refinement of its regulatory framework, followed by the assurance that Taiwan’s policies are in accord with the global standards for…

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Known Bitcoin Investor Yi-Ting Cheng Enters Taipei Mayoral Race

Category: Altcoins, Bitcoin, Business, News, Tech

Known Bitcoin Investor Yi-Ting Cheng Enters Taipei Mayoral Race

Yi-Ting Cheng, a 35-year-old Taiwanese businesswoman and cryptocurrency investor, has announced that she will be in the running for the office of Mayor of Taipei, Taiwan’s capital city. As she takes her first step into local politics, she believes that the position will enable her to serve the residents of Taipei better. From Developer to Running for Mayor Yi-Ting Cheng,…

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Taiwan Banking Chief Wants Anti-money Laundering Laws Enacted for Bitcoin

Category: Altcoins, Bitcoin, Commentary, News, Regulation

Taiwan Banking Chief Wants Anti-money Laundering Laws Enacted for Bitcoin

The Governor of the Central Bank of Taiwan, Yang Chin-long, has called for anti-money laundering (AML) laws to be put in place for bitcoin transactions. The regulatory move comes as the country is in the process of developing a legislative framework that will create an enabling environment for the crypto market within the island nation. The country has tried to…

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Taiwan to Go Easy on Crypto Legislations

Category: Altcoins, Finance, News, Regulation

Taiwan to Go Easy on Crypto Legislations

In clear opposition to the current trend both in China and in South Korea, Taiwan will not be joining in on the tightening of crypto legislation as the markets continue to grow overseas. Technically, Taiwan will be taking a neutral stance on cryptos. The neutral position will allow them to continue to grow naturally and will enable them to make…

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