Bitcoin As A Reserve: Samson Mow Urges Taiwan To Buy 83,000 BTC
In a striking proposal at the 2024 Asia Blockchain Summit, Samson Mow, CEO of Bitcoin technology company JAN3, recommended that Taiwan should adopt BTC as part of its national reserve strategy by purchasing 83,000 units of the cryptocurrency. This figure is directly tied to Taiwan’s gold reserves, which are significantly higher relative to those of […]
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The financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets are risky while associated cash flows are hard to monitor.
Taiwanese Regulator Urges Banks Not to Allow Crypto-Related Payments With Bank Cards
Taiwan’s Financial Supervisory Commission (FSC) has told credit card issuers and banks to effectively prevent their customers from using credit cards as a payment instrument in transactions linked to cryptocurrencies, according to a....
JAN3, the digital infrastructure company founded by Samson Mow in 2022 which focuses on accelerating hyperbitcoinization by providing tools for BTC adoption, stirred fresh debate on sovereign Bitcoin adoption by sharing a bold statement on X: Bitcoin adoption among nation-states is accelerating. Samson Mow explains how Bhutan leads the way, how JAN3 has shaped Bitcoin […]
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