Taiwan’s Crypto Crossroads: Regulatory Hurdles and Uncertain Futures

Taiwan’s Crypto Crossroads: Regulatory Hurdles and Uncertain Futures

A Currency No One Can Use Despite global momentum in the cryptocurrency space, Taiwan remains cautious, if not skeptical. Since 2013, both the Central Bank and the Financial Supervisory Commission (FSC) have maintained a firm stance: Bitcoin is not a currency but a “highly speculative digital virtual commodity.” The government doubled down a year later,…