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January 6, 2014 11:23 am GMT
Taiwan's Financial Supervisory Commission (FSC) will not allow the installation of Bitcoin ATMs in the country because it believes Bitcoins are not a currency and should therefore not be accepted by individuals or banks as payment, said FSC chairman Tseng Ming-chung. Tseng Ming-chung's statement was reported yesterday by the Central News Agency (link via Google Translate), Taiwan's state-run news service.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TTy-yt2NsEw/
Taiwans Government Says No To Bitcoin ATMs
Taiwan's Financial Supervisory Commission (FSC) will not allow the installation of Bitcoin ATMs in the country because it believes Bitcoins are not a currency and should therefore not be accepted by individuals or banks as payment, said FSC chairman Tseng Ming-chung. Tseng Ming-chung's statement was reported yesterday by the Central News Agency (link via Google Translate), Taiwan's state-run news service.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TTy-yt2NsEw/
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