Bitcoin Transactions Should Fall Under AML Regulation – Taiwan Central Bank Governor

Investing, News, Regulation | April 3, 2018 By:

Yang Chin-long, Taiwan’s new central bank governor, has recommended that bitcoin trading should be governed under the Ministry of Justice’s anti-money laundering (AML) regulations.

During a meeting with Taiwan’s legislative arm on Monday, Yang was questioned over how the banking authority planned to handle the “opacity” in bitcoin trading in the entire nation.