Taiwan’s Financial Supervisory Commission (FSC) is set to unveil a draft law in June 2025 that will allow local banks to issue stablecoins pegged to the New Taiwan Dollar (TWD). The proposal is part of a broader framework aimed at regulating virtual asset service providers (VASPs), according to a report ...
Taiwan’s Financial Supervisory Commission is set to introduce a registration system for crypto exchanges on November 30, earlier than anticipated. This move represents a significant advancement in regulating the rapidly growing crypto industry, according to local news source Anue Juheng. Speaking to the press after a recent session with the ...
Taiwan is taking significant steps toward greater institutional adoption of cryptocurrencies, with regulators planning to pilot crypto custody services through local banks. According to a report by the local media outlet, Central News Agency, the country's top financial regulator, the Financial Supervisory Commission (FSC), is preparing to launch a trial ...
Taiwan's Financial Supervisory Commission (FSC) has approved professional investors to utilize local brokers to access foreign crypto exchange-traded funds, according to a press release on September 30, 2024. The latest policy revision allows professional investors to invest in foreign virtual asset ETFs by delegating their investment decisions or management to ...
Prosecutors in Taiwan have reportedly charged a man with using the crypto betting platform Polymarket to place bets on the country's 2024 elections, which concluded on June 13. According to local reports, the Shilin District Prosecutor's Office identified the man as "Chen," accusing him of betting approximately 472 USDC on ...
Taiwan's Financial Supervisory Commission (FSC) has released comprehensive guidelines for cryptocurrency platforms operating in the country in a move towards bolstering regulatory oversight of the crypto industry. The guidelines, published on September 26, 2023, underscore a commitment to protecting customer interests and fostering transparency within the crypto sector. Key aspects ...
