Taiwan Amends Law to Target Anonymous Cryptocurrency Transactions

Twitter Facebook LinkedIn Taiwan’s highest legislature has approved amendments to existing laws, enabling the country’s regulator to combat anonymous cryptocurrency transactions. On Friday, Taiwan’s Legislative Yuan passed a legislative proposal that mandates cryptocurrency transactions to fall under the purview of existing money laundering laws. The amendments to the Money Laundering Control Act and the Terrorism […]

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Taiwan Moves to Capture Bitcoin Under Money Laundering Laws

The government of Taiwan has moved a step closer to regulating bitcoin under anti-money laundering (AML) rules. In an announcement on Tuesday, the state’s Ministry of Finance said it will push for the regulation of cryptocurrencies under same AML rules already covering the traditional financial sector. Citing guidance issued by Financial Action Task Force, an intergovernmental […]

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Taiwan’s New Central Bank Chief Talks Blockchain for Payments

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Taiwan’s incoming central bank chief has revealed the bank will explore blockchain applications in its operations including payments. Speaking this week during a ceremonial swear-in, Taiwan’s new central bank governor Yang Chin-long said the authority will embrace new technologies while proactively researching […]

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