Bitcoin As A Reserve: Samson Mow Urges Taiwan To Buy 83,000 BTC
In a striking proposal at the 2024 Asia Blockchain Summit, Samson Mow, CEO of Bitcoin technology company JAN3, recommended that Taiwan should adopt BTC as part of its national reserve strategy by purchasing 83,000 units of the cryptocurrency. This figure is directly tied to Taiwan’s gold reserves, which are significantly higher relative to those of […]
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Samson Mow, the former chief strategy officer at Blokstream and founder of JAN3, believes that most decentralized financial (DeFi) protocols can’t compete with Bitcoin when it comes to building an effective monetary network due to their lack of decentralization. Samson Mow Says DeFi Can’t Compare To Bitcoin Because of their lack of decentralization, Samson Mow, […]
Taiwan edged closer to a formal Bitcoin policy this week after Premier Cho Jung-tai and Central Bank Governor Yang Chin-long signaled support—at a minimum—for studying Bitcoin as a strategic reserve asset, accelerating pro-BTC rulemaking, and piloting treasury exposure using government-seized coins. The push was catalyzed by tech legislator Ko Ju-chun, who published the commitments following […]
The financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets are risky while associated cash flows are hard to monitor.
Taiwanese Regulator Urges Banks Not to Allow Crypto-Related Payments With Bank Cards
Taiwan’s Financial Supervisory Commission (FSC) has told credit card issuers and banks to effectively prevent their customers from using credit cards as a payment instrument in transactions linked to cryptocurrencies, according to a....
Taiwan’s central bank is being given one month to produce a report on stablecoins and digital asset reserves — a deadline set not by its own leadership, but by a lawmaker in the country’s legislature. Related Reading: Bitcoin’s Defenders Launch ‘Evidence Base’ In Battle Against FUD A Formal Push From The Legislature That instruction came […]
JAN3, the digital infrastructure company founded by Samson Mow in 2022 which focuses on accelerating hyperbitcoinization by providing tools for BTC adoption, stirred fresh debate on sovereign Bitcoin adoption by sharing a bold statement on X: Bitcoin adoption among nation-states is accelerating. Samson Mow explains how Bhutan leads the way, how JAN3 has shaped Bitcoin […]