Taiwan’s FSC Chairman Opposes Heavy-Handed Cryptocurrency Regulations

Taiwan’s FSC Chairman Opposes Heavy-Handed Cryptocurrency Regulations

Taiwan’s FSC Chairman Opposes Heavy-Handed Cryptocurrency Regulations Wellington Koo, the Financial Supervisory Commission (FSC) chairman, today expressed his desire for Taiwan to emulate Japan’s cryptocurrency regulations, also suggesting that he does not wish to adopt a heavy-handed legislative approach to ICOs. The statements have been made in the lead up to Taiwan’s “Financial Innovation Experimentation Act” going before parliament – a bill designed to facilitate the creation of regulatory sandboxes pertaining to Taiwan’s fintech industry. Also Read: Hong Kong Exchange Tidebit Seeks to Capitalize Upon Chinese Cryptocurrency Crackdown Taiwan’s Financial Supervisory Commission Chairman Has Indicate His Reluctance to Develop […]