Taiwan unveils new guidelines for regulating digital asset firms
Taiwan’s FSC announced a much-anticipated set of guidelines on September 26 for VASPs, emphasizing increased oversight and customer protections.
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Taiwan cracks down on non-compliant digital currency exchanges under new guidelines
Taiwan’s financial regulator is set to issue 10 guidelines for the industry, including requiring segregation of customer funds and enhanced AML programs.
Taiwan financial watchdog to oversee digital assets, but not NFTs
The Financial Supervisory Commission will reportedly be appointed as the industry watchdog in Taiwan this month, but the chairman says NFTs are too diverse to regulate under financial guidelines.
Taiwan urges public servants to disclose their digital asset holdings
Expected to take effect in November, Taiwan's latest policy mandates public servants to declare their digital asset holdings exceeding $32,900 or risk being penalized.
Taiwan’s new Digital Affairs Ministry utilizes Web 3.0 to boost cybersecurity
Amid political turmoil with China, Taiwan is harnessing the power of Web 3.0, spearheaded by the new Digital Affairs Ministry, to deal with potential threats to its cyberspace caused by tensions.
Taiwan to ban credit card agencies from serving digital assets firms
The FSC revealed that it had issued a letter to the Bankers Association of the Republic of China, which directed credit card issuers to stop onboarding digital assets platforms as merchants.
Taiwan’s XREX digital currency exchange suspends INR trading as India’s TDS law kicks in
According to Business Insider, XREX sent out a notice to users on June 30 directing them to withdraw their INR balances two days before the 1% TDS kicked in on July 1.
Taiwan’s central bank outlines conditions for second stage of CBDC development
As revealed by Chin-long, the central bank is exploring how to scale the system's operational performance and the feasibility of offline payment options to boost the resilience of the CBDC.
Taiwan police arrest 14 over alleged Ethereum investment scam
The suspects were accused of using misleading information and photos of beautiful women to lure mostly older and retired men to their scam, Taiwanese authorities said.
Taiwan to investigate Bitmain over talent poaching claims
The Taiwan New Taipei District Prosecutors Office is reported to have carried out inspections at seven office locations in Taiwan of companies linked to Bitmain.
Asian digital currency custody firm raises $3M for settlement network
First Digital Trust has raised $3 million from a Taiwanese venture capital firm to build its rapid settlement and clearing network which launches in May.
Coolbitx raises $16M to bring financial compliance to crypto
Coolbitx raised $16.7 million in its latest fundraising round led by SBI Holdings to enable crypto companies to comply with new FATF disclosure requirements