Taiwan Rolls Out 10-Point Guideline For Crypto Exchanges And Enterprises
Taiwan’s financial regulator, the Financial Supervisory Commission (FSC), has released a set of guiding principles explicitly designed for crypto-related firms and businesses. Thanks to this significant development, the East Asian country seems closer to attaining regulatory clarity in its cryptocurrency industry. Taiwan Restricts Offshore Virtual Asset Platforms In New Guidelines In a press release published […]
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Binance, one of the largest cryptocurrency exchanges, faces mounting challenges as it navigates a complex legal landscape with the US Department of Justice (DOJ). According to a report by The Wall Street Journal, Binance’s empire is “under threat,” leading to significant consequences for the crypto industry as a whole. Related Reading: Taiwan Rolls Out 10-Point […]
Courtesy: blog.robocoinkiosk.com. With recent reports of Robocoin's bitcoin ATM expansion in Asia, the move to get bitcoin in the hands of more people seemed like a sure thing. Except for the fact that Taiwan reportedly doesn't want the bitcoin ATM in their country. The revelation comes mere days after Taiwan issued an anti-bitcoin sentiment, warning against the use of the digital currency and even going so far as to threaten intervention should the need arise. It's perhaps one of the most aggressive government takes on bitcoin, even over China (China allows the use of bitcoin at personal....
Cryptocurrency transactions using credit cards will no longer be allowed in Taiwan, as the island nation’s watchdog believes digital currencies are risky and speculative assets, local reports disclose. In a letter sent to the banking industry association earlier this month, Taiwan’s Financial Supervisory Commission urged them not to extend “merchant status” to digital asset providers […]
On 3/25/14, a Lamassu Bitcoin ATM was revealed in Taipei, Taiwan at the Gelateria Cosi o Cosi ice cream shop. The Gelateria is the first official place to spend Bitcoins in Taiwan and it is fitting that Taiwan's first Bitcoin ATM should end up there. The presence of this Bitcoin ATM flies in the face of Taiwanese government official Tseng Ming-Chung, who earlier this year said: ...it is impossible for a bitcoin ATM to come to or appear in Taiwan." Taiwan's first Lamassu Bitcoin ATM being prepped for its debut. Taiwanese Government Opposition To Bitcoin ATMs. At the beginning of 2014,....
While the global economy remains gloomy and the war in Ukraine continues, there’s been significant tension between China and Taiwan. The American representative from California, Nancy Pelosi, plans to visit Taiwan this week and White House officials say China is preparing to carry out “military provocations.” Moreover, during the last few weeks, reports note that the global economy could crater if there’s a Chinese military attack on Taiwan.
Nancy Pelosi Is Visiting Taiwanese President Tsai Ing-wen This Week Despite Taiwan’s Tensions With China
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