Taiwan Airlines will be the first Taiwanese airline to accept Bitcoin payments and receive crypto money on their flights. Taiwan's airline (FAT) has not remained indifferent to increasing crypto paralysis in Taiwan.

On FAT's announcement on February 28, the airline said it would accept crypto money payments (Bitcoin) for tickets and related travel services because it believes that the country has become the pioneer of adopting crypto-money in the aviation industry.

Passengers can now use Bitcoin for ticket purchases at more than 20,000 flights, at a discount.

The company wants to be a pioneer in technology with this move

Zhang Gangwei, the president of the airline, said that Bitcoin proved to be an important transaction tool compared to the past year, and that there was a bright future for crypto money

"With the widespread use of crypto-money, the airline industry will launch a new future for the hospitality sector, OTA and the entire tourism sector. FAT, crypto money and Blockchain technology will be number one in the industry to adopt. "

Founded in 1957, the Tapei-based airline is the most popular airline in Shaanxi. With FAT, international travel routes to Japan, South Korea, Malaysia, Philippines, Indonesia, Thailand, Vietnam and Cambodia, we can say that it made a good decision to attract the increasing number of Bitcoin users in Asia.

In October last year, Taiwan central bank manager Perng Fai-nan supported the trade of Bitcoin to legitimize the crypto money-sharing in the country and to regulate the crypto money market for anti-money laundering laws by introducing a potential regulation similar to Japan.

Taiwan Airlines is not the first airline to accept Bitcoin

Although Fat is one of the first airline companies to accept Bitcoin payment in Asia, we can not say the same thing around the world. Latvia's AirBaltic airline is the first airline to accept Bitcoin payments in the world, accepting Bitcoin payments since 2014.