Taiwan: anti-money laundering law to cover Bitcoin

Governor of Central Bank of Taiwan claims that anti-money laundering law should cover Bitcoin trading
27 October 2017   1088

Perng Fai-nan (彭淮南), governor of the Central Bank of the Republic of China (Taiwan),claims that Bitcoin trading should be added to the island’s anti-money laundering notification system.

According to local sources, Perng worries that Bitcoin could be used covertly for illegal transactions, like drug trafficking and tax evasion. Thus, the man suggests that Taiwan’s money laundering regulation include cover cryptocurrency field. Perng also adds that the central bank will continue examining digital currency, while not calling Bitcoin a currency.

Earlier this month, it's been reported that Taiwan will not follow the paths of China and South Korea: the county is not to regulate against ICOs and cryptocurrencies. In particular, Taiwan's Financial Supervisory Commission chairman Wellington Koo pledged to leave “space open” for the development of cryptocurrency and distributed ledger technology in Taiwan.

BTC Extortionists to Send Explosion Threats In US & CA

Police reported that explosive devices in the places specified by extortionists were not found
14 December 2018   90

In Canada and the United States, local businesses and residents received letters threatening to detonate a bomb if they did not send bitcoins to extortionists. Because of this, in some regions, law enforcement officers evacuated people from bus stations, schools and airports, reports Global News.

Extortionists threatened to blow up universities, schools, city halls and local businesses in the US states of Utah, Aidaxo, New York, Oklahoma and Illinois. The New York City Police Department urged residents not to panic or send bitcoins to criminals. Police also reported that explosive devices in the places specified by extortionists were not found.

In Canada, extortionists promised to blow up buildings and car dealerships in Toronto, Edmonton, Ottawa, Calgary and Montreal. Some residents of the attackers asked for a ransom in bitcoins in the amount of $ 20 thousand. After verification, the Calgary police stated that the messages were part of phishing attacks and did not pose a threat to the public.