Fubon Chairman Tsai Ming-Chung talks about carbon credits: Believes the era of cryptocurrency is coming.
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James Tsai Emphasizes the Potential of Carbon Trading and Cryptocurrency in Speech at National Taiwan University
According to a report by UDN, James Tsai, Chairman of Fubon Group, expressed high hopes for the future of green economy in his speech at National Taiwan University. This vision not only includes traditional investment and financing methods but also extends to financial products based on blockchain technology and the growing importance of cryptocurrencies.
In Tsai's view, the future of the economy is not only green but also digital. In his talk titled "Creating a Sustainable Future with Taiwan through Fubon: Insights from Financial Control, NTU, Momo," he mentioned that with the official launch of Taiwan's carbon credit exchange in August this year, the development of the carbon market will inevitably bring about the flourishing of industries. He quoted the phrase "man dies for wealth, birds die for food" to describe that as long as there is profit in the market, related industries will thrive.
Tsai further foresees that future financial products will not be limited to carbon credit derivatives but will also expand to other blockchain-based trading methods.
He firmly believes that the era of cryptocurrencies will eventually come, and the current status of cryptocurrencies and blockchain technology to the general public is like Martian objects to the inhabitants of Earth. Tsai stated that although this technology may still seem unfamiliar, the younger generation has already taken proactive steps in this direction.
Rumors of NTU's Intent to Launch an Exchange, Anti-Money Laundering Statement Submitted
James Tsai currently serves as Chairman of Fubon Group and Taiwan Mobile, while the General Manager of Taiwan Mobile is AppWorks founder Jamie Lin. AppWorks' active investments in blockchain startups have also made Taiwan Mobile more proactive in blockchain applications.
Aside from being an avid cryptocurrency enthusiast, Jamie Lin, there are also rumors that Taiwan Mobile has submitted an anti-money laundering statement to the Financial Supervisory Commission in hopes of launching an exchange.
Related to Jamie Lin: WeWork rumored to file for bankruptcy next week, analysis by Jamie Lin on the three reasons it "doesn't work."
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