– Taiwan’s FSC said credit cards should not be used for payments tied to gambling, stocks, futures, options and other transactions – Credit card issuers in Taiwan have three months to make adjustments and comply with the new law Taiwan’s securities watchdog has implicitly banned cryptocurrency transactions with credit cards on the island nation. The country’s Financial Supervisory Commission (FSC) issued a letter to the banking industry association earlier this month, asking that they not grant “merchant status” to virtual asset providers which service credit card holders. Details of the letter stated that digital assets are highly speculative and prices…