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Topic: i heard bitcoin illegal in Taiwan...why? - page 6. (Read 13071 times)

sr. member
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Anyone who knows the legality of bitcoin in Taiwan?

This articles claims it is illegal, and is dated after all of the references in the wikipedia bitcoin legality page:
https://www.cryptocoinsnews.com/bitcoin-declared-illegal-in-taiwan/

However, this article is later:
http://www.epochtimes.com/b5/16/3/27/n7462341.htm

legendary
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November 15, 2016, 02:34:09 PM
#61
Bitcoin is illegal in many countries. I think the main reason is that Bitcoin is sort of out of the government's control and it is hard to create some special taxes. So, it is naturally illegal. Add here the fact that Bitcoin can be used anonymously. And is that realy true about Taiwan? Some old news say it won't become illegal http://www.coindesk.com/taiwan-finance-regulation-bitcoin-ban/. And Wiki says that 'While bitcoin itself is not illegal here, approvals for bitcoin ATMs have been refused'.
hero member
Activity: 1148
Merit: 500
November 09, 2016, 03:35:38 AM
#60
yesterday i heard that using of bitcoin illegal in Taiwan i don't guess why in some country its legal and in some like Taiwan is illegal?
I dont think so, better have a research before jumping into conclusion.

Bitcoin has been “unbanned” in Taiwan. Well, that’s not exactly accurate. Sources are claiming that the digital currency was never banned in Taiwan in the first place, despite Central News Agency’s — one of Taiwan’s largest media outlets — recent report that the country’s Financial Supervisory Commission (FSC) labeled bitcoin and digital currencies “illegal.” The words are attributed to Tseng Ming-Chung, an FSC officer who during a legislative hearing, allegedly referred to digital currencies as “unlawful.”

Source: http://bitcoinist.net/taiwan-there-is-no-bitcoin-ban/
hero member
Activity: 770
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November 08, 2016, 01:33:34 PM
#59
yesterday i heard that using of bitcoin illegal in Taiwan i don't guess why in some country its legal and in some like Taiwan is illegal?
Every country is free to make law about what they consider is best for their citizens and for her own sovereignty>Government of Taiwan might consider bitcoin not good for their people and country(although they are wrong) thats why they declared it illegal.Other countries who have declared btc legal may have their resons
yes in fact every country make their own rules regulation and their own law for their citizen and they always prepare their policies according to their own needs, therefore may be Taiwan banned bitcoin but i am hopeful that a time will come when they will allow people to use bitcoin as it will be the need of time.
sr. member
Activity: 700
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November 05, 2016, 05:41:55 AM
#58
Drug traffickers have long been used digital money to their dark schemes. The appearance of Bitcoins should not greatly affect the situation.
newbie
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October 09, 2016, 11:47:42 PM
#57
i think it is not illegal there because still not a single country consider bitcoin as illegal.
hero member
Activity: 1022
Merit: 521
October 09, 2016, 08:13:03 PM
#56
Some of the countries just ban it because they have doubt that in their country the criminals will have opportunity to use bitcoin easily for their crimes so they without any further investigation ban bitcoin which is not good as bitcoin is mostly used for the advance world digital businesses.
sr. member
Activity: 462
Merit: 250
October 08, 2016, 05:56:34 PM
#55
i have no personal idea about it that either it is really illegal in Taiwan or not, because to me still not a sing country yet consider bitcoin as illegal currency,
member
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October 07, 2016, 03:22:31 PM
#54
i think bitcoin is not even illegal in Taiwan, but i think it is also illegal in so may other countries, but in fact it is not illegal any where in the world because still not a single country consider bitcoin as illegal therefore it is not still illegal anywhere in the world.
sr. member
Activity: 281
Merit: 250
October 03, 2016, 05:00:37 PM
#53
i have no personal idea about this, but i think bitcoin is still not banned or consider as illegal in any state of the world, actually not a sing country has yet give any statement about bitcoin, therefore people are using it as legal currency.
full member
Activity: 126
Merit: 100
October 03, 2016, 06:27:02 AM
#52
This is normal. Some countries do not recognize bitcoin, let bitcoin circulation in the market, worried that bitcoin will replace the money, became the main currency, while the government has no exact documents to regulate bitcoin, will ban bitcoin. But I believe that bitcoin will be accepted by more and more countries over time, which is inevitable.
newbie
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September 27, 2016, 06:44:00 AM
#51
i think it is not only illegal in taiwaan but also illegal in so many other countries but still people are using it there.
legendary
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September 06, 2016, 05:12:41 PM
#50
yesterday i heard that using of bitcoin illegal in Taiwan i don't guess why in some country its legal and in some like Taiwan is illegal?
Every country is free to make law about what they consider is best for their citizens and for her own sovereignty>Government of Taiwan might consider bitcoin not good for their people and country(although they are wrong) thats why they declared it illegal.Other countries who have declared btc legal may have their resons
full member
Activity: 196
Merit: 100
September 06, 2016, 02:34:22 PM
#49
yesterday i heard that using of bitcoin illegal in Taiwan i don't guess why in some country its legal and in some like Taiwan is illegal?

The governments have fear of decentralized coins because they will collect less taxes and the cryptocurrency can reduce the local fiat value if a lot of people start to using bitcoin or other alt. Well, that's the power of the bitcoin!
yes that is the real reason that government do not want to accept a decentralize currency which will reduce their tax revenue and will degrade the fiat currency of the state therefore the governments are not going to accept bitcoin in present time.
sr. member
Activity: 364
Merit: 250
September 06, 2016, 06:01:05 AM
#48
yesterday i heard that using of bitcoin illegal in Taiwan i don't guess why in some country its legal and in some like Taiwan is illegal?

The governments have fear of decentralized coins because they will collect less taxes and the cryptocurrency can reduce the local fiat value if a lot of people start to using bitcoin or other alt. Well, that's the power of the bitcoin!
full member
Activity: 210
Merit: 100
September 04, 2016, 04:22:43 PM
#47
really?? i found this article
http://www.coindesk.com/bitcoin-taiwan-retail-familymart/
what's the truth legal or illegal using bitcoin in taiwan?
to be honest i'm very gratefull due to the regulation in my country that never banned bitcoin, even thought The government has stated that the bitcoin is not  currency or legal payment in our country but we can still trade it like stock as like as gold,oil etc

exactly, so far no country that i know of has banned bitcoin. you can still use bitcoin, buy and hold it.
they just don't want to see it be used as a payment method in the businesses and that is because they have not set rules for its regulation and taxes.
yes i am agree with you i think it is a fact there is still not a single country which have banned bitcoin, therefore i think it is not true news however if some one there from Taiwan he can answer to this question,
sr. member
Activity: 252
Merit: 250
August 23, 2016, 04:38:09 AM
#46
i think it is not onlyillegal in taiwan but i think it is still banned in so many other countries of the world.
to me i think not a sing country has yet banned bitcoin, as we can see people from all most all the countries of the world in bitcoin forum, but still so many countries have not officially legalize bitcoin.
full member
Activity: 124
Merit: 100
i think it is not onlyillegal in taiwan but i think it is still banned in so many other countries of the world.
sr. member
Activity: 252
Merit: 250
is there any single country where bitcoin is legal. although there are some steps have been take in favour of bitcoin to legalize it but yet there is not a sing country who properly legalize bitcoin up to now. may be same is the case in Taiwan.

Yes, there are a lot of countries where it is legal to own/use bitcoins, although they may not be legal tender.
If governments are giving licences to companies which deal in bitcoin, then they are definitely legal.

can you mention a single country and do you have any proof. i think these are such kind of countries who have yet not given any statement about bitcoin. they have not legalize it not banned it. therefore people are doing trade and using it openly there.
yes our country also yet not given any statement about bitcoin. we have no idea that either bitcoin is legal here or not. but still we are using it. i am hopeful that our govt will have positive thinking about bitcoin and they are going to legalize it.
yes and that is not only the problem of Taiwan but so many other countries are also facing these problems. i thin with the passage of time these problems will be solve.
full member
Activity: 224
Merit: 100
is there any single country where bitcoin is legal. although there are some steps have been take in favour of bitcoin to legalize it but yet there is not a sing country who properly legalize bitcoin up to now. may be same is the case in Taiwan.

Yes, there are a lot of countries where it is legal to own/use bitcoins, although they may not be legal tender.
If governments are giving licences to companies which deal in bitcoin, then they are definitely legal.

can you mention a single country and do you have any proof. i think these are such kind of countries who have yet not given any statement about bitcoin. they have not legalize it not banned it. therefore people are doing trade and using it openly there.
yes our country also yet not given any statement about bitcoin. we have no idea that either bitcoin is legal here or not. but still we are using it. i am hopeful that our govt will have positive thinking about bitcoin and they are going to legalize it.
yes every country has their own rules and regulation. in some countries it is consider it as legal. where as it is consider it as illegal. but yet some states have no reaction about bitcoin. either it is legal there or not.
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