Taiwan aims to regulate bitcoins according to
AML rule before the end of this year. It is reported that the minister of
justice in Taiwan, Qiutai declared in the last Friday that the aim is to
establish the relevant regulatory mechanism before the Asia/Pacific Group on
Money Laundering visits Taiwan. The report pointed out that the group on money
laundering is an intergovernmental organization, which is similar to FATF and
will visit Taiwan to evaluate its work on money laundering.

 

The chairman of FSC, Gu Lixiong also participated in
the activity. He claimed that the problem of bitcoin now is who buy bitcoin and
the flow problem afterwards. Justice department has began to communicate with
other regulatory organizations and insiders to discuss the best way to regulate
bitcoin and strengthen the transparency of cryptocurrency trading. 

 

FSC has asked the banks in Taiwan to list the
accounts established by the platform of bitcoin trading as high-risk
accounts. When the change of the capital achieves a certain standard, the
account will informed by the bank to prevent the potential behaviour of money
laundering.

https://citicoins.com/bitcoin/