News Explorer — Taiwan's New Regulations Mandate Licensing for Crypto Exchanges

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Jul 1, 12:00 pm

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Taiwan's New Regulations Mandate Licensing for Crypto Exchanges

Taiwan has approved the Virtual Asset Service Act, transitioning from AML registration to comprehensive financial supervision of crypto firms. The law defines seven categories of virtual asset service providers and imposes strict standards on operations, cybersecurity, and client protection.

Taiwan has approved the Virtual Asset Service Act, transitioning from AML registration to comprehensive financial supervision of crypto firms. The law defines seven categories of virtual asset service providers and imposes strict standards on operations, cybersecurity, and client protection.

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