Taiwan Presidential Election Second Policy Debate | Kuomintang Presidential Candidate Hou You-yi: "Cracking down on fraud" requires regulating cryptocurrencies.

In the second policy statement forum for the Taiwan presidential election held on 12/26, in the latest developments in Taiwan's political arena, Kuomintang presidential candidate, Hou You-yi, focused on the issue of fraud. "The more you deceive, the longer you will be detained," he stated.

1. Prominent Scam Issues: Taiwan's Security Challenges

Taipei City Mayor, Hou You-yi, pointed out that under the ruling of the Democratic Progressive Party (DPP), Taiwan is facing severe scam issues, even being dubbed as the "Island of Scams." He revealed alarming statistics: 30,000 scam cases, with 46,000 arrests and involvement of over 100 billion New Taiwan Dollars. These figures underscore the severity of the security issues and expose the inadequacies of current policies.

2. Three Arrows for Security: Hou You-yi's Solutions

To address this problem, Hou You-yi proposed the "Three Arrows for Security" plan, which includes specific measures against scams, drugs, illegal firearms, and violent crimes. He advocates for strengthening the crackdown on virtual currencies and cross-strait crimes, as well as proposing the establishment of a dedicated narcotics bureau. Additionally, he suggests a tough crackdown on gang activities to protect young people from the influence of criminal organizations.

3. Criticizing Current Policies: The Association between Legislators and Scam Groups

Hou You-yi criticized the current government's performance in combating scams. He pointed out the association between DPP legislators and scam groups, demonstrating the government's indifference and incompetence in addressing this issue. He strongly questioned the effectiveness of current policies and emphasized the importance of targeting criminal tools and utilizing technology in investigations.

4. Commitment and Vision: Striving for a Safer Taiwan

Finally, Hou You-yi pledged to make every effort to improve Taiwan's security situation. He set specific goals, including a significant reduction in scam cases within a year, with a halving target within three years.

Previously, Wu Hsin-ying, vice presidential candidate of the People's Party, also stated that regulating cryptocurrencies would help prevent scams.

Taiwan's vice presidential candidate mentions cryptocurrencies for the first time at a policy forum; Wu Hsin-ying of the People's Party: Regulation helps prevent scams

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