The Southeast Asian country Taiwan took its most significant step yet toward formal crypto regulation on June 30, when the Legislative Yuan cleared the Virtual Asset Service Act in its third reading and forwarded it to President Lai Ching-te for…
Key Takeaways Taiwan’s Financial Supervisory Commission (FSC) has introduced a new policy allowing professional investors to invest in foreign cryptocurrency exchange-traded funds (ETFs). As per the announcement, the policy grants institutional investors, high-net-worth individuals, and other professionals the ability to…
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Local media state that the nation's FSC has granted a VASP license to Taiwan Mobile, the nation's second-largest telecommunications carrier.
Yang Chin-long stated that the central bank is more concerned with steady growth than rapid advancement and that the creation of a CBDC is not a competition.
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Taiwanese prosecutors charged a man with using the crypto betting site Polymarket to wager on the nation's June 13-2024 elections 2024.
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An association centered in Taiwan has welcomed a number of crypto businesses in an effort to create self-regulatory guidelines for the nation's digital asset market.
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