Taiwan is a state in East Asia that is mostly located on the island of Taiwan. The official name of the state is the Republic of China, and this country claims to have the right of ruling the whole Chinese territory that was lost by the Republic of China after the Chinese Civil War with communists. Taiwan’s speed of economic growth made it one of the “Four Asian Tigers” — countries with a miraculous speed of economic development. Taiwan is a dynamic, capitalistic and a high-tech, free-market economy. However, Taiwan has some Bitcoin regulations. Taiwan banned Bitcoin ATMs and explained it as a countermeasure against Bitcoin usage as a currency for bank payments. Taiwan has no regulations on Bitcoin exchanges, Bitcoin is accepted at three of the four major convenience store chains. Taiwan also does not restrict mining of any cryptocurrencies nor cryptocurrency trading.
Bitcoin miner maker Bitmain is reportedly in hot water in Taiwan amid the backdrop of the ongoing U.S.-China tech tussle.
Bitmain accused of illegally poaching engineers by officials in Taiwan
Major mining hardware manufacturer TSMC has announced plans to build a $12 million facility in Arizona.
Critical Mining Hardware Manufacturer to Launch Second US Factory
Check out this week’s Bad Crypto News.
Viral Scams, Steem Bribes, and Zoom Hacks: Bad Crypto News of the Week
The electronics giant will enable the option of mining Monero through a mobile application in its blockchain phone.
HTC Says Its Exodus ‘Blockchain Smartphone’ Will Mine Monero (XMR)
The Taiwan-based startup responsible for CoolWallet plans to use the funding to expand to new markets.
Blockchain Security Company CoolBitX Raised $16.75 Million in Series B
HTC’s Binance Edition Exodus 1 will support the Binance Chain blockchain and Binance’s decentralized counterpart Binance DEX.
HTC Launches Limited Run of Smartphone With Crypto Exchange Binance
The HTC’s new Exodus 1s smartphone launches in Europe, Taiwan, Saudi Arabia and the UAE and can run a full mobile BTC node.
HTC Launches Exodus 1S, First Phone That Can Run a Full BTC Node