“Taiwan’s Financial Supervisory Commission (FSC) will not allow the installation of Bitcoin ATMs in the country because it believes Bitcoins are not a currency and should therefore not be accepted by individuals or banks as payment, said FSC chairman Tseng Ming-chung. U.S.-based company Robocoin planned to bring its Bitcoin ATMs to Taiwan and Hong Kong as part of its global expansion plans. Government attitudes toward Bitcoin differ widely throughout Asia, but the FSC’s decision is yet another sign that the cryptocurrency’s increasing mainstream acceptance also means it will come under scrutiny by more financial regulators.”
http://techcrunch.com/2014/01/05/taiwans-government-says-no-to-bitcoin-atms/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
How federal agents became the movie industry's copyright enforcers
Plotting an Escape From America
NSA Reassures Family & Friends Of NSA Employees It Isn't Evil
Four States Advance Legislation To Block NDAA Indefinite Detention
Cisco Won't Buy Any US Companies Or Hire Any US Workers Until The Tax Code Is Changed
Historic 1oz gold coin goes for $4.6 million at auction
Luis Posada Carriles, CIA-Protected Terrorist, Dies Free in Miami at Age 90
CIA Torture Report Now Fast-Tracked, Over Republicans' Objections
Don't Cage My Speech! A Student Schools His College
Breakthrough process turns skin cells into protective brain cells
Student Expelled After Investigation By Cop Who Was Dating His Girlfriend
New Zealand Regulates -- Not Bans -- Synthetic Drugs
Feds to Hold Cell Carriers Responsible When Tower Climbers Fall
Stormy Weather in U.S. Cloud Computing
Tax Haven: Russia