Tigerair Taiwan Ltd (台灣虎航) is to issue 15 non-fungible tokens (NFTs) with each one set at a floor price of NT$150,000, the airline said in a statement yesterday.
In partnership with cryptocurrency exchange Maicoin Ltd (現代財富科技), the airline is to auction the 15 tokens from today to Thursday, allowing only Taiwanese to participate, the low-cost carrier said.
Consumers can purchase the tokens by credit card, it said.
The NFT issuance would be the first among Taiwanese airlines. The Ming Hwa Yuan Arts and Cultural Group (明華園戲劇總團) and Shiyun (師園) fried chicken shop issued NFTs in recent months.
Tigerair Taiwan is providing substantial perks to
EQUITIES
<strong>TAIEX falls 0.62 percent</strong>
The TAIEX yesterday closed lower as market sentiment remained cautious due to lingering concerns over moves by central banks worldwide to tighten monetary policy, dealers said. Selling was seen across the board, focusing particularly on transportation and financial shares, while the bellwether electronics sector was somewhat resilient, they said. Bucking the downturn on the TAIEX, biotechnology stocks attracted buying on a spike in domestically transmitted COVID-19 cases, they added. The TAIEX closed down 105.31 points, or 0.62 percent, at 16,898.87. Turnover totaled NT$228.800 billion (US$7.84 billion), with foreign institutional investors selling a net NT$10.42 billion of shares,
Cryptocurrency exchange MaiCoin Ltd (現代財富科技) has submitted an anti-money laundering compliance statement to the Financial Supervisory Commission after the regulator last week required all eight cryptocurrency trading platforms in Taiwan to submit compliance statements by the end of next month.
MaiCoin is the first local exchange to have sent the compliance document to the commission. Other exchanges must file before the deadline or face a fine of between NT$500,000 and NT$10 million (US$17,943 and US$358,860), the commission said yesterday.
The government has imposed specific regulations on local cryptocurrency exchanges to prevent them from being used by money launderers, signaling that the government