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Virtual Asset Management Ordinance Draft: Taiwan's Path to Crypto Regulation

Taiwan has taken its initial steps towards the regulation of digital assets by presenting a crypto bill to the Legislative Yuan for its first reading. The proposed legislation, known as the Virtual Asset Management Ordinance Draft bill, aims to define virtual assets, establish operational standards for asset operators, ensure customer protection, and mandate membership in industry associations and regulatory permissions.Regulatory Drive in Taiwan: Fueled by FTX's CollapseTaiwan has adopted a rel...
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Posted: Oct 27 2023, 10:57
Author Name: financemagnates
Views: 042186