Posted 3/5/2024, 9:30:00 AM
Taiwan Moves Towards Bitcoin ETFs with New Crypto Rules to Protect Investors
- Taiwan is making progress towards allowing spot Bitcoin ETFs and plans to release a study on them in April
- Taiwan aims to enhance regulations to protect investors, with new rules expected in September 2024
- Neighboring Asian country South Korea is also discussing potential Bitcoin ETF approval with the US SEC
- Taiwan has taken actions against fraud and money laundering to ensure a transparent digital asset market
- New legislation in Taiwan seeks to regulate the virtual asset industry, protect consumers, and penalize non-compliance