Taiwan competitors aim to capitalize on Bitcoin ban in China

“In light of the digital currency’s fate in the mainland market, Wayi International Digital Entertainment (華義國際) stated its Wmall electronic commerce portal will fully support Bitcoin-denominated transactions beginning next year. According to the company, suppression of the digital currency in China will disperse shoppers toward Taiwan.   Wayi is also anticipating the multitudes of consumers holding Bitcoin in China, saying that they are expected to flock to its Wmall, based on proximity and the lack of language barrier in comparison to more international platforms.”

http://www.chinapost.com.tw/taiwan/china-taiwan-relations/2013/12/29/397038/Taiwan-competitors.htm

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