Taiwan's Legal Cryptocurrency Platforms Number Only 8, With 30 Unlicensed Overseas Platforms; Financial Regulator Proposes Legislation
Taiwan's Legislative Yuan Finance Committee is reviewing the "Virtual Asset Service Law Draft," which aims to regulate offshore cryptocurrency platforms. Currently, only 8 legitimate VASPs exist, corresponding to 30 unregistered offshore entities, indicating market imbalance. The draft requires offshore VASPs to establish branch companies or new divisions in Taiwan to operate legally, emphasizing the necessity of consumer protection and regulatory oversight.
MarketWhisper·03-24 05:53





