[2017-10-7] Taiwan’s FSC Chairman Opposes Heavy-Handed Cryptocurrency Regulation

[Immakillya]

"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."

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