Woman Shocked The Cryptocurrency World When She Announced Her Campaign for Mayor of Taipei City
Cheng Yi-ting, CEO of the local cryptocurrency exchange (OTCBTC) has indicated interest in running for mayor of Taipei this year.
She declared online April 13 she would run in the election scheduled for November. She is likely to face four-year independent incumbent and candidate and candidates from Taiwan’s main political parties.
Cheng is currently known as a world-class developer and hacker. After winning the Global Grand Prize at Facebook’s 2012 Hackathon, she served as the Chief Technical Officer at China’s ico.info platform and run a major full-stack coding camp in China.
“If a crypto exchange owner were elected, the policies that exchanges would be required to meet could be relaxed or tightened to favor their business objectives, depending on both the leader’s moral values and the checks and balances within the particular political structure,” Morginn says.
Cheng wants a stronger cryptocurrency trade in Taipei. That strength would create jobs and bring in foreign capital, she believes. The candidates said if elected she would open a “special area” for the finance sector and start a related education program.
“8 candidates running for mayor, most of them are nearly 60 years old or older than 70. None of them know what’s going on in the real world, they have little or no understanding of technology, or what challenges or competition we face. So it’s really hard to make things happen by pushing them.”
According to Cheng, that’s one reason she wants to make Taipei great again. Let’s make Taipei the pioneer blockchain city in Asia. Taipei has great potential to be a blockchain city. It is near Japan, Korea, and China. It is regulation friendly. Blockchain is all about a financial revolution. Taipei has the environment to make it happen.”
Join Us On Telegram