Bitcoin (BTC) and Ethereum (ETH)-powered “bribery” cases are on the rise in Taiwan, the nation’s justice ministry has claimedadobestock-467429192-edit___media_library_original_1200_798.jpeg
Per the China Times, the ministry warned that cash is no longer the only currency used in corruption cases.
The ministry said that BTC, ETH, and other coins were also “emerging” as tools of corruption.
The government organ said that it feared that BTC, Ether, and other cryptoassets were being used as “election bribery tools” ahead of next year’s general elections.
Taiwan is set to go to the polls to choose a new President in mid-January 2024.
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