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Topic: Taiwan not banning ICO like China - page 2. (Read 835 times)

full member
Activity: 728
Merit: 103
October 06, 2017, 02:37:33 PM
#23
Although not an economic powerhouse it still does international trade and is not a poor area. If Taiwan is successful with crypto there I'm sure mainland China will follow suit - they won't want to be left behind Taiwan
sr. member
Activity: 1148
Merit: 251
October 06, 2017, 02:31:17 PM
#22
Banning is not a good way to put law about ICOs. Good regulations can be made without banning.
Exactly they can made for ICO regulations without banning bitcoin. Anyway this is good news that thailand not banning like China. As this will bring bad to the community if banning bitcoin.
newbie
Activity: 56
Merit: 0
October 06, 2017, 02:18:28 PM
#21
That's a very good news! The tax is similar to Singapore : 17%!
So it could attract some entrepreneurs
hero member
Activity: 756
Merit: 500
October 06, 2017, 02:01:55 PM
#20
Banning is not a good way to put law about ICOs. Good regulations can be made without banning.
staff
Activity: 3220
Merit: 576
Join the world-leading crypto sportsbook NOW!
October 06, 2017, 01:49:28 PM
#19
At least the government of Taiwan is going in the right direction of improving their country economy and also trying to catch up with other countries that have already adopted a friendly stance towards crypto-currencies in a faster pace, China will soon regret their decision to ban ICOs and crypto-currencies exchange that operates in their country.
full member
Activity: 168
Merit: 100
October 06, 2017, 01:26:56 PM
#18
In my opinion Taiwan  does not ban ICO because they want to keep up with modern technology. It's not to boost their economy.
full member
Activity: 224
Merit: 107
October 06, 2017, 01:09:24 PM
#17
Regulations are needed to remove tension of large investors who are still thinking to go in or stay away.

If the news or the rumor is true about Taiwan then it is absolutely positive for the country.
sr. member
Activity: 1512
Merit: 316
October 06, 2017, 01:03:03 PM
#16
It's great news for crypto-community; one more country becomes tolerant to ICOs and cryptocurrencies. I hope it's long-term.

Yes this is good news for the cyto enthusiasts and for the Taiwan. Any idea how much does Taiwan contribute to the total % of the bitcoin ? I hope other countries may follow the Taiwan way in legalizing the bitcoin and not the China way.
legendary
Activity: 2744
Merit: 1288
October 06, 2017, 12:48:28 PM
#15
I haven't understand why china banned ICO and exchanges? Any reasonable explanations? Sure it will boost taiwan economy but strict regulations are also needed to make the market more trustable.

To secure customers. So you unless you are an ICO organizer. What is the role of a government? To provide friendly environment.  But friendly environment is not as it is now. When ICO investors gave their money to ICO organizers and basically get no quarantine they will ever get anything back. I saw even ICOS clearly state, that they are not obliged to make a working game ( ICO was about a mobile video game).


China is just advanced, all governments will follow. They will for sure not stop, since is in their interest that economy booms, but as it is right now they need to do something.
full member
Activity: 966
Merit: 153
October 06, 2017, 11:39:25 AM
#14
I haven't understand why china banned ICO and exchanges? Any reasonable explanations? Sure it will boost taiwan economy but strict regulations are also needed to make the market more trustable.

Gov is retard, China is Communism country, they(those communists) hate people to be rich. But they bride a lot, and immigrate to USA, Aus and Canada.

 Grin Grin"Gov is retard" this got me laughing.
I think you made a point about the government not wanting people to be rich. Cause looking at it in the normal sense, there is no good reason why they would just disapprove ICOs. If not that they dont want people to be wealthy.
legendary
Activity: 3164
Merit: 1069
October 06, 2017, 09:21:52 AM
#13
The Republican Chinese government tries it's best not to copy the people's republican.
That's a complete different authority, even the Autonomous region of Hong Kong is not following the Chinese ban.
newbie
Activity: 56
Merit: 0
October 06, 2017, 09:18:32 AM
#12
It's great news for crypto-community; one more country becomes tolerant to ICOs and cryptocurrencies. I hope it's long-term.
sr. member
Activity: 247
Merit: 250
October 06, 2017, 08:38:51 AM
#11
I haven't understand why china banned ICO and exchanges? Any reasonable explanations? Sure it will boost taiwan economy but strict regulations are also needed to make the market more trustable.

Gov is retard, China is Communism country, they(those communists) hate people to be rich. But they bride a lot, and immigrate to USA, Aus and Canada.
hero member
Activity: 1176
Merit: 509
October 06, 2017, 08:33:55 AM
#10
Its official, Taiwan is now following the foot step of Japan by Encouraging cryptocurrencies.
Saw this on the news; as stated byJason Hsu, a congressman from Taiwan’s

"Just because China and South Korea are banning, doesn’t mean that Taiwan should follow suit – there is a huge opportunity for growth in the future. We should emulate Japan, where they treat cryptocurrency as a highly regulated, highly monitored industry like securities."

Guys, What's your opinion on this?
Will this changes really boost the economy of Taiwan as they have stated?

If this news is genuine, it is a great milestone to the Bitcoin Market. For sure that the countries who are early adapters of Bitcoin will be one of the most rich countries in the future. Just like those people who are early adapters of Bitcoin. They are now really rich. Good job for the Taiwan government.
full member
Activity: 308
Merit: 106
October 06, 2017, 08:30:14 AM
#9
they are controlling market to make money
full member
Activity: 294
Merit: 114
October 06, 2017, 07:49:52 AM
#8
These are great news if indeed are official. You never know what China may wake up to, they may even change the rules.

=
member
Activity: 267
Merit: 10
October 06, 2017, 07:42:22 AM
#7
Taiwan is a small place. Not the world's economic center. Not just by the virtual money market will be economic growth. Some people are concerned about Japan. It is a bit too naive to expect people to pay too much attention to Taiwan. Or honestly do the real economy it
legendary
Activity: 968
Merit: 1000
einc.io
October 06, 2017, 07:35:18 AM
#6
The only thing for huge growth of economics of any country is accepting crypto (including ICO) and regulating them. But not just rejecting everything. I hope Japan and Taiwan would become new motherland for upcoming ICO.
full member
Activity: 168
Merit: 100
October 06, 2017, 07:22:57 AM
#5
Taiwan's law is conservative, I think the encrypted currency in a short time will not have much progress
At present the central government for how to manage the virtual currency has no unified point of view, to promote ICO in Taiwan should be too early
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
October 06, 2017, 07:13:16 AM
#4
I haven't understand why china banned ICO and exchanges? Any reasonable explanations? Sure it will boost taiwan economy but strict regulations are also needed to make the market more trustable.

i also can't understand the reason of china banning the ICO i heard china banned ICO because use the bitcoin for illigal activities of the bad elements i think thats not true its only an alibi because china want to regulate bitcoin to handle or control the cryptocurrency sorry if they an offended for my opinion.
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