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Author Topic: Bitcoin Declared Illegal In Taiwan  (Read 2941 times)
neochiny
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December 09, 2015, 04:17:55 PM
 #81

ofcourse it is the right move for them becasue
after the they gave the ransom money in bitcoin
they have no way of finding on where the money will go.
i mean if its in fiat they will still try to track it down.
but if its in bitcoin the suspect can just send it on a
different wallet in small amounts to avoid suspicion.
theyre just cautious that this kind of way may happen
again.


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Blind Legs Parker
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December 09, 2015, 08:19:40 PM
 #82

@quentincole32: It never was really clear but anyway the news was largely broadcasted all over the most prominent media in Taiwan. That's what matters, imo.

But anyway, the guy (Zeng Mingzong) allegedly merely repetead what was already known and was already law in Taiwan, i.e. bitcoin doesn't have any legal status (so what): http://www.cbc.gov.tw/ct.asp?xItem=43531&ctNode=302 (I'll let you copy paste it in any internet translation service). And yes, this is the Central Bank of The ROC website so this is official stuff there. It was posted on 2013/12/30. Anyway, bitcoin not being legal stricto sensu in any country shouldn't surprise anyone, should it? Then you add the traditional traditionalism of Taiwanese politics on top and you have it: they apparently couldn't make it illegal (?) but they emphasize that it's not backed off by the government either (and yes, "so what", but you lot reacted didn't you? So did Taiwanese people, and that, my good sirs, is the bad news).
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