Taiwan's Crypto Rules To Come in September, But Regulators Refute Reports of Allowing Banks to Offer Crypto Trading

DailyCoin

Published Apr 28, 2023 03:15PM ET

Updated Apr 28, 2023 03:30PM ET

Taiwan's Crypto Rules To Come in September, But Regulators Refute Reports of Allowing Banks to Offer Crypto Trading

  • Taiwan is working towards creating a crypto regulatory framework.
  • The FSC chair has said the regulations would roll out in September.
  • False reports earlier suggested that the rules would also allow banks to offer crypto trading services.
While the crypto regulatory climate in the United States has become increasingly hostile, Asia appears to be pivoting toward clear and friendlier rules.

Taiwan is the latest Asian region to throw its hat in the ring, as its crypto regulations are now expected in September.

FSC Chair Says Taiwan's Crypto Rules Are Expected in September/h2

The Chairman of Taiwan's Financial Supervisory Commission, Huang Tien-mu, disclosed that the agency plans to roll out the region's crypto regulatory framework in September. Tien-mu reportedly disclosed this during a meeting with the Finance Committee of the Legislative...

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