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Taiwan could soon join the global war on cash by banning cashless transactions for certain goods.
Just days after a Hong Kong tycoon was kidnapped and held for millions of dollars in Bitcoin in ransom by criminals, the Financial Supervisory Commission Chairman of Taiwan has made a ruling. Bitcoin is now illegal within Taiwan.
The family of billionaire Pearl Oriental Oil chairman Wong Yuk-Kwan paid Taiwanese kidnappers US$1.68 million in bitcoin after they threatened to “dig out the eyeballs or chop off the legs” of Yuk-Kwan.
Nick Szabo believes that the block size debate needs more computer science and less noise; BitShares 2.0 integrates SmartChain technology and more news
Despite the continuing mystery on the regulation issues that face the Bitcoin community, many businesses continue to add Bitcoin as a payment option for their customers.
Robocoin, makers of the world’s first Bitcoin ATM, have announced big plans for the first quarter of this year.
Wayi, a multifaceted Taiwanese digital entertainment company, has announced that it will soon begin accepting Bitcoin orders and will thereafter launch a Bitcoin exchange.
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