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Dassi
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May 02, 2016, 01:56:46 PM |
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I think Taiwan is just trying to be careful here because bitcoin is completely anonymous and they like monitoring all the online transactions going on in their country.
Remember the Know Your Customer [KYC] policy?
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European Central Bank
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May 03, 2016, 11:04:24 AM |
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One guy said he wanted to ban it. That's a little different than hundreds of guys in the senate or wherever debating it and then passing it as a law.
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the_new_emperor
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May 03, 2016, 09:09:12 PM |
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As far as I know Taiwan authorities are not quite gambling friendly. Considering that bitcoins are used more and more for gamble this initiative of the local authorities might be related. I am really interested how things will develop in the whole region. The first country which introduces a clear positive position on bitcoins (and may be online gambling) will benefit a lot from foreign capitals.
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ahmedjamal1998
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May 07, 2016, 05:41:59 AM |
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This is what made me happy  Japan officially recognizes bitcoin and digital currencies as money |
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Enotche
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May 07, 2016, 05:49:56 AM |
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I think it is easy to explain. There is a stereotype that Bitcoin would destroy the banking system and lead to anarchy.
"- If bitcoin will be extended in its current unchanged, it could undermine the long-term link between the sovereign and its currency." (C) Williams
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bitkilo
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https://www.bitcoin.com/
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May 07, 2016, 06:04:42 AM |
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Bitcoin laws are very different in just about every country and every state within those countries.
Some its outright illegal amd other it's perfectly legal, then some places still consider bitcoin a grey area because they themselfsstill ddon't know how to handle it.
Best to check with you local government department if you wish to start trading or makimg profit off it by offering loans or something.
Good luck.
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Not a paid signature, just added to promote Bitcoin.com  |
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zenitzz
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May 12, 2016, 08:21:11 AM |
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i guess not only in taiwan because as i know many country has banned bitcoin or say bitmain are illegal its same like in russians,china,venezuela,etc.
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Wapinter
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Hire me for Bounty Management
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May 12, 2016, 10:34:27 AM |
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What is the source of your information and could you please share it here with us?@Op. There are always many bad rumours about bitcoin so always check the source credibility before believing any such news.I found this http://www.coindesk.com/taiwan-finance-regulation-bitcoin-ban/ Although it is an old news but I dont see any reason they would now go back on their words |
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Hazir
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★Nitrogensports.eu★
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May 14, 2016, 06:46:51 AM |
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in bangladesh they will arrest you, if you get caught doing some transaction in bitcoin, so it's even worse there
but despite this there are still those who can trade without problem
Bangladesh is in the list of top growing countries of the world. The Government might be feeling such digital currency usage will do harm to their growth. That might be the reason for the very strict reason to avoid usage of bitcoins. Bitcoin market is so insignificant in Bangladesh that it will take many years for authorities to notice any economical difference. While I find this anti bitcoin law extremely stupid and short sighted. But it will definitely won't harm the country itself. |
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groll
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June 18, 2016, 06:20:56 AM |
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Not really, only the Bitcoin ATMs are banned in Taiwan. Although through a convoluted process, bitcoins can still be purchased at some convenience stores kiosks. These stores also sell train tickets and allow paying bills.
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Maesters1-
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July 10, 2016, 08:03:30 PM |
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i have no idea about this may be but i even not hear from my friend and not on social media. but i think that will be temporary and every country is going to legalize it in future.
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Cresciuanto
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July 11, 2016, 05:23:11 PM |
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is there any single country where bitcoin is legal. although there are some steps have been take in favour of bitcoin to legalize it but yet there is not a sing country who properly legalize bitcoin up to now. may be same is the case in Taiwan.
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hermanhs09
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July 12, 2016, 10:22:02 PM |
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yesterday i heard that using of bitcoin illegal in Taiwan i don't guess why in some country its legal and in some like Taiwan is illegal?
A mumbeeptind said,i also think that it could be because many people in Taiwan were using it for a wrong purposes, instead of trying doing anything else with it. But we cannot say for sure,however i think that there are governments like this one banning bitcoin,because it is a currency made by not a country,or some government,but just made by a group of developers. Im sure a lot of persons,politics and bankers dont like it. |
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olubams
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July 12, 2016, 10:53:25 PM |
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Probably they felt it could make the legal tender lose value or they found out that more fraud is being committed for that purpose so they propose to ban. My humble opinion
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Kotone
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July 13, 2016, 01:34:27 AM |
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yesterday i heard that using of bitcoin illegal in Taiwan i don't guess why in some country its legal and in some like Taiwan is illegal?
I think that's because BTC earning voilated their rules and regulations in their country. So maybe that's why they banned it. Taiwan is a good country to live in. Taiwan is a good place to work. So I guess, they are just banning BTC earning for the improvement of their country. That's their own rules. That's their own regulations. I think, Taiwan is one of the top countries to work on. So they are strictly regulating their rules in their country. |
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zodin
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July 13, 2016, 03:34:01 AM |
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is it only the issue of Taiwan issue? i think so many other countries have the same problem. my own country has yet not legalize bitcoin. i think the reason is that the govt have so many limitation on bitcoin. they have to solve the taxes issue and the effect of the bitcoin on the state economy. and so many other issues which must be solve first.
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abugseuf
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July 15, 2016, 10:21:27 AM |
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i guess not only in taiwan because as i know many country has banned bitcoin or say bitmain are illegal its same like in russians,china,venezuela,etc.
yes that is a fact. that bitcoin is still not legalize in so many other countries and not only in Taiwan. but still there so many other countries who have yet not given any statement about bitcoin that either it is legal or illegal there. but still people are continuously using it. |
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botany
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July 15, 2016, 03:55:09 PM |
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is there any single country where bitcoin is legal. although there are some steps have been take in favour of bitcoin to legalize it but yet there is not a sing country who properly legalize bitcoin up to now. may be same is the case in Taiwan.
Yes, there are a lot of countries where it is legal to own/use bitcoins, although they may not be legal tender. If governments are giving licences to companies which deal in bitcoin, then they are definitely legal. |
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