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Home » Taiwan Vice President’s First Mention of Cryptocurrency in Policy Forum, People’s Party Candidate Wu Xinying: Regulating it Helps Prevent Fraud
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Taiwan Vice President’s First Mention of Cryptocurrency in Policy Forum, People’s Party Candidate Wu Xinying: Regulating it Helps Prevent Fraud

Dec. 22, 2023No Comments1 Min Read
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Taiwan Vice President's First Mention of Cryptocurrency in Policy Forum, People's Party Candidate Wu Xinying: Regulating it Helps Prevent Fraud
Taiwan Vice President's First Mention of Cryptocurrency in Policy Forum, People's Party Candidate Wu Xinying: Regulating it Helps Prevent Fraud
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Taiwan’s Vice President and People’s Party candidate, Wu Hsin-ying, spoke about the issue of cryptocurrency for the first time during a policy announcement. She stated that Taiwan is plagued by rampant fraud, with most ill-gotten gains being transferred through cryptocurrencies. She emphasized the need to improve Taiwan’s outdated personal information protection laws, adopt the EU’s General Data Protection Regulation (GDPR) to safeguard citizens’ personal data, and align with international regulations to effectively supervise cryptocurrencies and prevent fraudulent activities.

Taiwan’s Vice President
Wu Hsin-ying
People’s Party


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