Just days after a Hong Kong tycoon was kidnapped, beaten, and held for millions of dollars in Bitcoin in ransom by criminals, the Financial Supervisory Commission (FSC) Chairman of Taiwan, Tseng Ming-chung, has made a ruling. Bitcoin is now illegal within Taiwan. Financial Interest Decide What is Illegal, Then Tell Police the New Law
In many developed countries, a separate government body, like a Parliament or Congress, would create laws after a vetting process […]