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Taiwan

Taiwan’s TSMC projected to hit $7.25B in Q2 profits amid AI boom
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17 July, 2024

Taiwan’s TSMC projected to hit $7.25B in Q2 profits amid AI boom

Just a week after TSMC’s ADR shares on the NYSE hit $1 trillion for the first time, the company is...
Taiwan central bank starting wholesale CBDC trials, but not in a rush to launch
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12 July, 2024

Taiwan central bank starting wholesale CBDC trials, but not in a rush to launch

Despite Governor Yang Chin-long's protestations that central bank digital currency development is not a race, Taiwan seems to be steadily...
Taiwan proposes two-year jail term for non-compliant VASPs in draft bill
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15 May, 2024

Taiwan proposes two-year jail term for non-compliant VASPs in draft bill

The Ministry of Justice is behind the bill, which seeks to combat money laundering and fraud through digital assets, proposing...
Taiwan draft bill on digital asset regulation coming in September
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7 March, 2024

Taiwan draft bill on digital asset regulation coming in September

Digital assets pose an increasing danger to legacy finance and that the proposed laws will protect the stability of Taiwan’s...
Regulatory crackdown: South Korea, Taiwan issue arrest warrants; Abra settles in Texas
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30 January, 2024

Regulatory crackdown: South Korea, Taiwan issue arrest warrants; Abra settles in Texas

The Texas State Securities Board has settled with Abra, which consented to repay $1.8 million to 1,600 investors from the...
Taiwan’s central bank completes CBDC feasibility study
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15 December, 2023

Taiwan’s central bank completes CBDC feasibility study

Taiwan is exploring a digital New Dollar with a completed central bank digital currency proof-of-concept, aiming to streamline payments, enhance...
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