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Taiwan Financial Regulator keeps neutral position towards Bitcoin

Monday 16 November 2015 14:36 CET | News

Taiwans Financial Supervisory Commission (FSC) has indicated that its stance on bitcoin remains neutral.

Taiwanese news service Central News Agency reported that the FSC had issued new statements on Bitcoin and digital currencies, deeming them illegal. However, in new statements, the agency has suggested more recent speculation was not accurate as reported.

The statement mirrors a similar statement issued when the FSC blocked Bitcoin ATM operator Robocoin from installing machines in the country in January 2014.

The agency did not outline whether it would seek to prohibit certain types of digital currency activity or ban it outright.


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Keywords: Bitcoin, online payments, digital payments, cryptocurrencies, blockchain, Taiwan Financial Regulator
Categories: DeFi & Crypto & Web3
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Countries: World
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DeFi & Crypto & Web3