Entertainment Company Wayi to Become Taiwan's First Bitcoin Exchange
Taiwanese digital entertainment company Wayi is aiming to become Taiwan's first bitcoin exchange, and announced it will soon begin accepting bitcoin as a payment option on its shopping site. Wayi International Digital Entertainment, which operates gaming portal Wayi.com.tw and online marketplace Wmall.com.tw, released a statement saying Wmall's new system will launch on 1st January. Wayi will be the first large Taiwan-based company to offer this option. Wayi also plans to start Taiwan's first bitcoin exchange service, allowing people to buy bitcoins with local currency. The latter move is....
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This week, Wayi International announced Wmall will begin accepting Bitcoins early next year. From their statement it looks like Wayi wants to take it one step further and establish the first Taiwan Bitcoin Exchange. Taiwan News: Talk of the Day - Bitcoin to be introduced in Taiwan. "Wayi International Digital Entertainment Co. announced Wednesday that its online shopping site Wmall will begin to accept Bitcoin payments next year. The OTC (over-the-counter) market-listed company, which focuses on the research, development and distribution of online games, will be the first Taiwanese company....
Wayi International Digital Entertainment of Taiwan is looking to do some interesting things with bitcoin. This week, the company announced their online shopping enterprise, Wmall, would accept the digital currency beginning early next year. But perhaps more interestingly is the fact that the company is aiming to be the first bitcoin exchange in Taiwan. It's quite brilliant, actually. The plan is to allow consumers to first pay for their products on Wmall with bitcoin. From there, the company will acquire an amount of their choosing. With that volume, they will then launch the exchange,....
Chip designer Alchip Technologies is to debut on the Taiwan Stock Exchange next Tuesday, 28th October. The Taiwan-based firm, which is known for its bitcoin-mining ASICs, is already a public company and is currently listed on the Taiwan Emergent Market under the stock ticker number 3661. Although the public offering will bring additional reporting requirements, the move will open the company up to institutional and private investors and also bring a boost to its profile within the industry. At a time when many bitcoin hardware manufacturers are struggling and facing numerous challenges,....
In a striking proposal at the 2024 Asia Blockchain Summit, Samson Mow, CEO of Bitcoin technology company JAN3, recommended that Taiwan should adopt BTC as part of its national reserve strategy by purchasing 83,000 units of the cryptocurrency. This figure is directly tied to Taiwan’s gold reserves, which are significantly higher relative to those of […]
PayPal, the world's primary method of online payment as just announced it was stopping online domestic payments in Taiwan. Today the online payment company issued a notice to its Taiwan customers announcing it was stopping domestic transactions in the Island. The company argued that this decision was made to comply with local laws and regulations. PayPal announcement stated: "Dear customers, We'll be streamlining our services in Taiwan, and our system will be enhanced to ensure that domestic commercial payments will not be processed, in compliance with local laws and regulations. These....