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Cryptocurrency regulation in Taiwan

From law.asia

At the time of writing this article, cryptocurrencies are currently not accepted as currencies in Taiwan. Since 2013, the positions of both the Central Bank of the Republic of China (Taiwan) and the Financial Supervisory Commission (FSC) have been that Bitcoin should not be considered a currency, but a highly speculative digital virtual commodity. The FSC has since 2014 ordered local banks not to accept Bitcoin or provide any services related to Bitcoin. Other than that, no laws or regulations have been officially promulgated or amended to specifically deal with cryptocurrencies, except for: (1) the regulations ... (full story)

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