Interesting how taiwan takes an opposite stance from china..
I do think this regulation is necessary though. If they dont put some kind of regulation on btc, money laundering would be impossible to stop. Especially since its price is gaining momentum, it's becoming the perfect tool for laundering. If this works, maybe other governments would be more lenient on welcoming bitcoin.
I do think this regulation is necessary though. If they dont put some kind of regulation on btc, money laundering would be impossible to stop. Especially since its price is gaining momentum, it's becoming the perfect tool for laundering. If this works, maybe other governments would be more lenient on welcoming bitcoin.
LOL. Don't be surprised dude. We all know that the relationship of this 2 countries are really sour from the beginning because of geo-politics (China thinks that Taiwan is their province). So it makes sense that Taiwan will not follow anything that the Mainland will do because they are a sovereign nation (and not a province). That's why Taiwan is one of the friendliest nation in Asia with Bitcoin ATM (if I'm not mistaken). So as far as regulations, yeah its fine as long as government and people can work together then its a win-win situation for us crypto enthusiast specially our Taiwanese community.
I guess you're right. Opposing laws is one way of throwing shade
. And yes they do have an atm machine. Last time i checked there was only one but that was a few months back. Them acknowledging bitcoin though means they're expecting it to be more popular soon. 
