Draft ICO Regulations in June 2019

Draft ICO Regulations in June 2019

The local publication reported that the draft regulations on Initial Coin Offering (ICO) in Taiwan would be published in June 2019. The Chairman of Taiwanese finance regulator, Wellington Koo, expressed the strict regulations diminish the development of the emerging economy and added that the regulators do not plan to “curb the creativity and productivity associated with cryptocurrencies.”

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