Tags: Taiwan

The AML rules were initially set to take effect early next year, but recent breaches have prompted the FSC to expedite its implementation.

Taiwan’s FSC seeks external feedback before launching a 2025 crypto custody pilot.

Non-professional investors must sign risk warnings and receive product details before investing in crypto ETFs.

Taiwanese Crypto Exchange ACE Founder, Employees Arrested Over Fraud Allegations

The founder of one of Taiwan’s biggest crypto exchanges, along with 13 other suspects, has been arrested for allegedly defrauding investors.

The president of Ace Exchange said none of the firm’s employees had been arrested following Taiwanese police conducting raids as part of a fraud investigation.

Taiwan Police Target Crypto Influencers Linked to Polymarket Election Betting

Several Taiwanese residents were reportedly using the decentralized betting platform Polymarket, the same platform that saw record-breaking trading volumes during the 2020 United States election.

Taiwan’s FSC Sets Up Financial Technology Bureau to Oversee Crypto: Report

A central bank official spoke about ongoing CBDC research and other payment modernization Taiwan is exploring.

Taiwan to Consider Crypto ETFs Based on Global Trends and Regulatory Development

The Financial Supervisory Commission considers itself to be “in the exploratory phase” for crypto exchange-traded funds.

The exchange confirmed its COO‘s brief relationship to an alleged money laundering group in a statement on November 13.

Cathay Securities is permitted to issue $930,000 worth of tokenized green bonds every six months.

Several other people tied to the exchange were also questioned.

Taiwan prosecutors want Chang Tung-ying, chief partner at JPEX‘s office in Taiwan, to be held in custody over alleged fraud.

The Virtual Asset Management Bill aims to provide “better protection” for the customers and “properly supervise” the industry.

The partnership will allow FamilyMart customers to exchange their loyalty points for the Circle-issued USDC.

Lawmakers in Taiwan are aiming to create a first draft of a special law about offshore exchanges by the end of November 2023.

The latest delays came two weeks before the second deadline for many applicants.