BTC legend Adam Back enters the Legislative Yuan! Proposing a bright future for 'Taiwan asset tokenization'

BTC legend Adam Back was invited by Legislator Ge Rujun (Dr. Bao) to enter the Legislative Yuan to hold a symposium, using BTCLayer2 as an example to explain the development prospects and examples of traditional asset substitution. (Synopsis: Closest to Nakamoto Satoshi man "Adam Back" came to stage to give a full speech: BTC beats gold, asset allocation 9.5% is a sweet spot) (Background supplement: The closest to Nakamoto Satoshi "Adam Back" took the stage to speak!) Exchange with Taiwan's Ministry of Data Development and National Development Council: BTC is a universal value BTC legend Adam Back arrived in Taiwan to set off great repercussions, and today (20) the Legislative Yuan also opened "Virtual Currency Value-added Application: Promotion of Digital Economy, Information Security Cryptography and Financial Technology Education in Taiwan - Taking BTCLayer2 as an Example" by Legislator Ge Rujun (Dr. Bao), specially invited Dr. Adam Back and Plan ₿ Network Representative Peter Chen held a symposium, bringing together domestic encryption industry and related associations and academic representatives. Adam Back gave a Depth speech on BTC Layer 2 at the meeting, and used Blockstream's sidechain product Liquid Network as an example to show the use case of BTCSidechain and real finance. In the first example, Dr. Back introduced MIFIEL, a Mexican digital finance company that cooperates with Liquid, which provides uniqueness and verification on on-chain by issuance digital commercial promissory notes on BTCSidechain, each of which is coined on behalf of others; As of today, MIFIEL Daily issuance's commercial promissory notes reach $100 million. As a second example, Dr. Back cites the JPYS Stable Coin that Crypto Garage issuance on the Liquid Network, which is exchanged with L-BTC (Liquid BTC) through atomic swap technology without a third-party escrow, and the current use of JPYS issuance has been regulated and licensed by the Japanese government. Third, for the RWA and securities coin (STO) section, Dr. Back cited CSMSTR, a stock currently coined by Luxembourg's STOKR issuance's MicroStrategy, which has become a highly linked stock to BTC since 2020 using a strategy of continuous buying of BTC assets, CMSTR issuance offers investors a viability to have direct access to stocks on on-chain, expanding the source of liquidity in a single market to a borderless trading window. Dr. Back finally explained that Liquid's TVL is currently around $2 billion. Legislator Lai Shibao: Taiwan will issuanceBTCETF The legislators participating in this meeting include Ge Rujun, Wu Zongxian, Lin Qianqi, Liao Weixiang, Huang Jianhao and other members, of which Lai Shibao put forward a forecast for the supervision of BTC transactions followed by Chinese people, and the Finance Committee has promoted Taiwan's local issuanceBTC ETF, which will be traded from legal person to individual. And Lai Shibao also specifically mentioned that BTC and other virtual assets currently do not have a competent authority in Taiwan, the current FSC only follows Money Laundering, violates the securities and banking laws, and the Ministry of Digital Development is not a financial authority, it is "almost impossible" to become a competent authority in the future, how to make BTC and other Cryto transactions like the United States has a competent authority to supervise many exchanges, is Taiwan's encryption industry and authorities must accelerate and come on part. Related reports The closest Nakamoto Satoshi man "Adam Back" came to the stage to give the full text: BTC beats gold, asset allocation 9.5% is the sweet spot The closest to Nakamoto Satoshi "Adam Back" took the stage to speak! Exchange with Taiwan's Ministry of Data Development and National Development Council: BTC is a universal value BTC legend Adam Back comes to Taiwan! Once quoted by "Nakamoto Satoshi" into BTCWhite Paper, the world's leader in BTC development trend "BTC legend Adam Back enters the Legislative Yuan! This article was first published in BlockTempo "The Most Influential Block Chain News Media".