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CryptoGlobe
2018-09-24 15:08:03

Taiwan's Regulators Considering Allowing Convenience Stores to Facilitate Crypto to Cash Transactions

Cryptocurrency to cash transactions may be approved by regulators in Taiwan. This, after Taiwan's central bank governor said cryptocurrencies lack the trust element and cannot retain value. If permitted, local convenience stores will be allowed to facilitate crypto to fiat transactions, however, daily limits of around NT $100,000 to NT $20,000 (up to $3600) may be set.