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Taiwan: New designations for crypto-businesses will have this impact
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Since China phased out crypto-trading and mining on the mainland, many crypto-projects have relocated to friendlier shores. In comparison, Taiwan has been decidedly out of the news on the question of cryptos and mining and regulations. In fact, for a long time, there was no single set of laws or regulations which specifically governed virtual currencies in the region.
Can this be an opportunity going forward? Well, Taiwan’s authorities certainly think so.
<p lang=«en» dir=«ltr» xml:lang=«en»>Taiwan strengthens cryptocurrency regulation. The Financial Supervisory Commission (FSC) will serve as the main authority responsible and work with tax and law departments to set up rules to regulate the evolving but volatile cryptocurrency Read more on ambcrypto.comAbout this in other media
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