Tag: Taiwan
Taiwan Passes Crypto and Stablecoin Bill in Major Regulatory Shift
Taiwan mandates licenses for crypto firms under the new Virtual Asset Service Act. Stablecoin issuers need central bank and FSC approval with full reserve backing.…
Taiwan Lawmaker Proposes Bitcoin for National Reserves
Ko Ju-Chun advocates for Bitcoin in Taiwan’s reserves for economic stability. Taiwan’s reserves include gold and foreign exchange, with Bitcoin as a potential addition. Taiwanese…
Taiwan to Propose Law Allowing Banks to Issue Stablecoins by June 2025
Taiwan plans to propose a law by June 2025 allowing banks to issue stablecoins, enhancing virtual asset trading with TWD. The Taiwan government plans to…
Taiwan Reviews Crypto Tax Rules After Trump Win
Taiwan’s Ministry of Finance is reviewing crypto tax rules after Trump’s win amid rising Bitcoin and Dogecoin prices, pushing regulatory updates. Taiwan’s Ministry of Finance…
Taiwan to Implement New Crypto Asset Regulations by 2025
Taiwan’s financial watchdog is introducing new crypto regulations for asset listing and record keeping, effective January 2025. Taiwan’s financial watchdog is preparing to implement new…
Taiwan FSC Drafts New AML Rules for Crypto Firms
Taiwan’s Financial Supervisory Commission (FSC) has drafted new anti-money laundering (AML) regulations for cryptocurrency firms following recent legal amendments. These regulations mandate that virtual asset…
Taiwan FSC Allows Professional Investors to Access Foreign Virtual Asset ETFs
Taiwan’s Financial Supervisory Commission (FSC) has announced that professional investors can now invest in foreign virtual asset exchange-traded funds (ETFs) through a re-entrustment method. This…
The ACE Exchange Is Working to Combat Illicit Crypto Behavior
The ACE Exchange – based in Taiwan – has joined hands with several audit firms as a means of combating crypto money laundering and other…
Taiwanese Investor Loses More Than $3 Million in Tether Units Following Account Hack
More than $3 million in Tether units have been stolen from a private antique dealer in the nation of Taiwan, suggesting that even decentralized finance…
