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.
Bitmain plans to identify green energy mining opportunities from power generation projects in Chinese provinces.
Bitmain stops shipment of Antminer crypto mining rigs into China
The Criminal Investigation Bureau has charged the suspects with fraud, money laundering and breaches of the Organized Crime Prevention Act.
Taiwan police arrest 14 suspects for scamming over 100 crypto investors
Blockchain technology is being posited as a potential solution to U.S. dollar liquidity issues in emerging markets.
Publicly-backed XREX raises $17M to solve dollar liquidity issues through blockchain
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.
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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)