Digitimes
Date: 14 September 2018
By: Max Wang, Taipei; Willis Ke, DIGITIMES

Taiwan has formulated relatively friendlier regulations governing virtual currency exchanges, which is expected to help the country’s trading of digital tokens expand significantly, according to David Pan, president of ACE Exchange, a digital asset trading platform.

Speaking at Global Blockchain Smart Application Forum held recently in Taipei, Pan said that the Taiwan government has regarded digital currencies as a kind of commercial merchandise and allowed initial coin offering (ICO) launches. In addition, the government has been active in pushing for self-regulated practices by operators of digital token trading houses while also moving to build related supervision mechanisms.
[FULL  STORY]