Taiwan Aims to Draft First Crypto Law by End of 2023 to Regulate Businesses and Protect Investors
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Lawmakers in Taiwan aiming to create first draft of crypto law by end of November 2023.
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Official says draft necessary to regulate crypto businesses and avoid "regulatory arbitrage".
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Comes after growing concerns over offshore market activity.
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Public hearing held in October to discuss draft proposal.
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Follows September guidelines to improve investor protections like asset separation and reviewing asset listings.