October 11, 2017
The regulatory tide is inevitable when it comes to investments of unprecedented scale, involving vulnerable parties. Whether ruled out as illegal or met with hope and wisdom, regulatory authorities around the world are taking a hard look at modern financial instruments, acknowledging their role in the financial services industry.
A few new international parties have spoken out on the place ICOs are considered to be playing in their financial systems:
Taiwan’s Financial Supervisory Commission chairman Wellington Koo has told a joint session of the parliament and the cabinet that Taiwan will not follow the paths of China and South Korea in an outright ban on cryptocurrency. Instead, the head of Taiwan’s financial regulator pledged to keep an open space for development and adoption of both crypto ...