Taiwan Introduces New Cryptocurrency Regulations, Requiring Registration for Exchanges

Taiwan's Financial Supervisory Commission (FSC) introduced new rules for cryptocurrency market.
The FSC released guidelines for virtual asset service providers (VASP) operating in Taiwan.
The guidelines require foreign VASPs to register with the regulator before providing services in Taiwan.
Major crypto exchanges in Taiwan formed a self-regulatory association per FSC's guidelines.
Besides local exchanges, global firms like Binance, Kraken and Bybit have been serving customers in Taiwan.

cointelegraph.com

Relevant topic timeline:

9/6/2023

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10/2/2023

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10/11/2023

FASB Approves New Crypto Accounting Rules, Paving Way for Wider Corporate Adoption

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