Taiwan

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Taiwan Drafting National ICO Standards

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The Taiwanese Financial Supervisory Commission is drafting a set of national standards for initial coin offerings. The regulator reportedly aims to make tokens as easy to invest and as liquid as stocks. The commission emphasizes that it “has no intention of curbing the creativity and productivity associated with cryptocurrencies if they are not used as … Read more

Weak Demand for Mining Hardware Impacts TSMC’s Growth Outlook

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During a recent Q3 earnings call, the world’s largest producer of semiconductors, Taiwan Semiconductor Manufacturing Company (TSMC), forecasted weakening growth for the rest of 2018 due to declining demand for cryptocurrency mining hardware. This outlook comes despite anticipating a significant increase in demand for its 7-nanometer processing chips from the high-end smartphone industry. Also Read: … Read more

Taiwanese Candidate Accepts Crypto Donations, California Bans Them

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Using cryptocurrency for political donations has been a hot topic in many societies. Two recent developments demonstrate different views on the matter. A Taiwanese politician who has accepted bitcoin from his supporters believes crypto donations can help keep his country’s political system clean and transparent. At the same time, the California campaign watchdog says cryptocurrency … Read more

Taiwan Hospital Initiates A Blockchain Record Storage Platform

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The Taipei Medical University Hospital has become the latest in an increasing number of medical institutions to implement blockchain technology for improved storage of medical records. According to a local media outlet Taipei Times, more than 100 community-based health centers collaborated on the project with the aim of giving patients easier access to their medical … Read more