Its official, Taiwan is now following the foot step of Japan by Encouraging cryptocurrencies.
Saw this on the news; as stated byJason Hsu, a congressman from Taiwans
"Just because China and South Korea are banning, doesnt mean that Taiwan should follow suit there is a huge opportunity for growth in the future. We should emulate Japan, where they treat cryptocurrency as a highly regulated, highly monitored industry like securities."
Guys, What's your opinion on this?
Will this changes really boost the economy of Taiwan as they have stated?
If this news is genuine, it is a great milestone to the Bitcoin Market. For sure that the countries who are early adapters of Bitcoin will be one of the most rich countries in the future. Just like those people who are early adapters of Bitcoin. They are now really rich. Good job for the Taiwan government.