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?
Although, its not compulsory they must follow the same foot step but at the same time I see it happening because when Taiwan is taking the decision to be on board, they would have put into consideration what other countries have done and ICO is one key thing they would want to control and if they can't do that which is obvious, the next is to go the route of others.