Reported 11 months ago
Taiwan's stock market hit a new high of 22,000 points with active trading, leading to Taiwan Stock Exchange's chairman Lin Hsiu-ming mentioning a better profit outlook for this year compared to last year, projecting an EPS of at least 7.8 yuan, with over 20 billion yuan in cash reserves. Discussions in the Legislative Yuan also touched on the establishment of a cryptocurrency exchange in Taiwan. Chairman of the Financial Supervisory Commission mentioned the US, Hong Kong, Canada, and Australia as countries allowing legal Bitcoin trading, providing insights into the potential development of cryptocurrency exchanges in Taiwan.
Source: YAHOO