15 Suspects Arrested in Taiwan for $8 Million Crypto Scam
Police in Taiwan has arrested 15 suspects for allegedly running a crypto scam through which they have earned millions of dollars.
- Girish Vidhani
- Jan 28, 2019
Police in Taiwan has arrested 15 suspects for allegedly running a crypto scam through which they have earned millions of dollars.
Major Chip Manufacturer TSMC reports Significant drop in the Crypto Mining Revenue in 2018
Deloitte, KPMG, EY and PwC have come together to test a blockchain-based auditing service in Taiwan, which is all set to reduce the time and manual effort!
It has formed two new groups - The Taiwan Parliamentary Coalition for Blockchain (TPCB) and the Taiwan Blockchain Self-Regulatory Organization (TBSRO).
Taipei Fubon bank launched Taiwan's first blockchain payment system in Chengchi. Every transaction will be instantly encrypted and recorded on the blockchain.
Qiu Taisan, Taiwan’s Minister of Justice, has demanded a new legal cryptocurrency framework mainly to prevent money laundering in the nation.
If Taiwan goes strict on cryptocurrencies - this could give another jolt to the cryptocurrency prices which are already on a downward trend.