Taiwan has a chance to develop crypto amid China's clampdown, Filecoin Foundation director says

It can be an opportunity for Taiwan to boost its development of blockchain and cryptocurrency, especially when China has phased out crypto trading and mining on the mainland as of September, a founding director of Filecoin Foundation said Saturday at the U.S. Taiwan High Tech Forum . Regulatory headwinds in certain regions have hindered the development of the crypto industry. "We saw just a few weeks ago China doing a very, very strict crackdown on Bitcoin mining — and not just on Bitcoin. A number of projects were impacted because when folks started to mine Bitcoin, a lot of people…