Taiwan Prohibits Unregistered Foreign Crypto Exchanges
In addition to local platforms such as Maicoin, prominent global cryptocurrency trading companies like Binance, ByBit, and Kraken have also actively provided services to customers in Taiwan. The Financial Supervisory Commission (FSC) of Taiwan is taking steps to enhance the safeguarding of cryptocurrency investors by introducing new regulations . On September 26, the FSC outlined […]
Taiwan, El Salvador Partner to Enhance Crypto Regulation
Reports from Wu Blockchain suggest the Taiwan Cryptocurrency Association is partnering with El Salvador’s authorities to advocate for a Virtual Assets Bureau to enhance its crypto regulations. At a recent public hearing convened by Taiwanese lawmaker Kuo Kuo-wen on “Virtual Asset Supervision,” the cryptocurrency industry dominated the discussion. The prospective establishment of a “Financial Technology […]
Taiwan to Unveil Crypto Regulation Guidelines by Month’s End
According to a local report, the Republic of China (Taiwan) is set to announce its official guidelines for regulating virtual asset service providers (VASPs) by the end of this month. The guidelines will cover key aspects such as anti-money laundering, asset custody, transaction transparency, and platform management. FSC to Supervise Crypto Industry in Taiwan The […]
Binance Applies for Taiwan AML Compliance
According to local sources, Binance is working on becoming compliant with Taiwan’s anti-money laundering (AML) rules. This suggests that the exchange is planning to enter Taiwan’s cryptocurrency industry. During a regulatory draft meeting, the Taiwan Financial Supervisory Commission stated that Binance is among the entities seeking approval for their AML procedures. To enter the region’s […]