A lot of things happening at the moment. ~3 weeks ago there was almost nothing, now I heard of 4 exchanges coming online around now or soon, bitcoin ATM is on the way, every week there's bitcoin meetup, just did my first purchase yesterday.

For the regulatory effect, one of the technologically very advanced law firm just did an assessment, it's in Chinese but they promised English translation in the coming weeks. http://www.eigerlaw.com/zh/publications/cat_view/17-publicat... (Alex Tsai, December 2013, 比特幣之介紹及其交易在台灣法律環境之適用) Good to know that Bitcoin is 比特幣 in Chinese :) My email in the profile, can let you know when the English assessment is published.