Taiwan Archives

Taiwan could record massive economic gains from AI adoption: Google report

Business

Wahid Pessarlay

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5 August, 2024

Taiwan could record massive economic gains from AI adoption: Google report

Taiwan is on course to add $103 billion to its economic benefits before the end of the decade, according to...

Taiwan earmarks $94M to boost natural disaster capabilities with AI

Business

Wahid Pessarlay

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3 August, 2024

Taiwan earmarks $94M to boost natural disaster capabilities with AI

With the worsening climate change, Taiwan is boosting its resiliency with artificial intelligence, setting aside a big chunk of the...

Taiwan introduces its first AI draft bill

Business

Steve Kaaru

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19 July, 2024

Taiwan introduces its first AI draft bill

The bill primarily steers away from specific stipulations, focusing on promoting safety, accountability, risk mitigation and data protection.

Taiwan’s TSMC projected to hit $7.25B in Q2 profits amid AI boom

Business

Steve Kaaru

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17 July, 2024

Taiwan’s TSMC projected to hit $7.25B in Q2 profits amid AI boom

Just a week after TSMC’s ADR shares on the NYSE hit $1 trillion for the first time, the company is...

Taiwan central bank starting wholesale CBDC trials, but not in a rush to launch

Finance

James Field

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12 July, 2024

Taiwan central bank starting wholesale CBDC trials, but not in a rush to launch

Despite Governor Yang Chin-long's protestations that central bank digital currency development is not a race, Taiwan seems to be steadily...

Taiwan proposes two-year jail term for non-compliant VASPs in draft bill

Finance

Steve Kaaru

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15 May, 2024

Taiwan proposes two-year jail term for non-compliant VASPs in draft bill

The Ministry of Justice is behind the bill, which seeks to combat money laundering and fraud through digital assets, proposing...

Taiwan draft bill on digital asset regulation coming in September

Business

Steve Kaaru

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7 March, 2024

Taiwan draft bill on digital asset regulation coming in September

Digital assets pose an increasing danger to legacy finance and that the proposed laws will protect the stability of Taiwan’s...

Regulatory crackdown: South Korea, Taiwan issue arrest warrants; Abra settles in Texas

Business

Steve Kaaru

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30 January, 2024

Regulatory crackdown: South Korea, Taiwan issue arrest warrants; Abra settles in Texas

The Texas State Securities Board has settled with Abra, which consented to repay $1.8 million to 1,600 investors from the...

Taiwan’s central bank completes CBDC feasibility study

Business

Wahid Pessarlay

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15 December, 2023

Taiwan’s central bank completes CBDC feasibility study

Taiwan is exploring a digital New Dollar with a completed central bank digital currency proof-of-concept, aiming to streamline payments, enhance...

Taiwan in exploratory phase on digital asset ETFs, regulator says

Business

Steve Kaaru

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12 December, 2023

Taiwan in exploratory phase on digital asset ETFs, regulator says

The Financial Supervisory Commission is considering allowing a ‘crypto’ ETF, but it’s waiting to see how other markets develop, including...

Taiwan’s landmark security token license issued to Cathay Securities

Business

Wahid Pessarlay

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15 November, 2023

Taiwan’s landmark security token license issued to Cathay Securities

Cathay Securities has obtained an STO license from SFC for its Sunshine Green Benefit Debt, which leverages blockchain and allows...

Taiwan arrests more suspects in connection with JPEX’s implosion

Business

Wahid Pessarlay

-

14 November, 2023

Taiwan arrests more suspects in connection with JPEX’s implosion

JPEX partners, Chang Tung-Ying and Shi Yu have been arrested for anti-money laundering violations, and more individuals are being summoned...

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