Taiwan is Tightening Regulations on Crypto Exchanges, Possible Pressure From China?
Taiwan is proactively regulating the crypto market to drive adoption and lure in companies, despite pressure from China Go to Source Powered by WPeMatico
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Taiwan is proactively regulating the crypto market to drive adoption and lure in companies, despite pressure from China Go to Source Powered by WPeMatico
Anonymous and privacy-oriented cryptocurrencies have always been a topic of controversy. Even though these currencies do not facilitate illegal activity by default, it seems the association with such activities is enough to make regulators nervous. In Taiwan, the government has decided to ban anonymous cryptocurrency transactions as part of the new Money laundering Control Act. … Read more
Taiwan’s legislature has amended existing anti-money laundering (AML) and counter terrorism financing (CFT) laws to place new requirements on crypto exchanges Go to Source Powered by WPeMatico
The Taiwanese Financial Supervisory Commission is drafting a set of national standards for initial coin offerings. The regulator reportedly aims to make tokens as easy to invest and as liquid as stocks. The commission emphasizes that it “has no intention of curbing the creativity and productivity associated with cryptocurrencies if they are not used as … Read more
Time for Initial Coin Offerings to be regulated, says Taiwan’s finance regulator Go to Source Powered by WPeMatico
Electronics giant HTC launches “early access” to its blockchain smartphone Exodus 1 for about $960 in BTC or ETH, shipping this December Go to Source Powered by WPeMatico
During a recent Q3 earnings call, the world’s largest producer of semiconductors, Taiwan Semiconductor Manufacturing Company (TSMC), forecasted weakening growth for the rest of 2018 due to declining demand for cryptocurrency mining hardware. This outlook comes despite anticipating a significant increase in demand for its 7-nanometer processing chips from the high-end smartphone industry. Also Read: … Read more
Major global chip manufacturing giant TSMC forecasts overall revenue growth in Q4, but expects an offset by low demand for crypto mining hardware Go to Source Powered by WPeMatico
A new Taiwan exchange platform says it uses 80 percent of its fee revenue to reward its community. #SPONSORED Go to Source Powered by WPeMatico
Using cryptocurrency for political donations has been a hot topic in many societies. Two recent developments demonstrate different views on the matter. A Taiwanese politician who has accepted bitcoin from his supporters believes crypto donations can help keep his country’s political system clean and transparent. At the same time, the California campaign watchdog says cryptocurrency … Read more