🔊 TAIWAN PASSES CRYPTO LAW!


June 30, 2026 — Taiwan officially passed the Virtual Asset Service Act.
Key Rules:
↳ License mandatory — Operating without one can lead to 7 years in prison + a $3.1M fine.
↳ $USDT & $USDC are now classified as commodities and require FSC approval.
↳ Fraud and market manipulation can result in up to 10 years in prison.
Global Picture:
🇪🇺 EU → MiCA — Live
🇺🇸 US → GENIUS Act — Passed
🇸🇬 Singapore → MAS Framework — Active
🇯🇵 Japan → Licensed Exchanges — Running
🇦🇪 UAE → VARA — Operational
🇹🇼 Taiwan → Virtual Asset Service Act — Passed
🇮🇳 And India?
↳ 30% crypto tax — Already in effect.
↳ Dedicated crypto law — Still pending since 2021.
↳ Introduced in Parliament? — Not yet.
The world is building crypto frameworks.
India is still studying them.
July 2: RBI and the Parliamentary Committee meet.
Maybe then, something changes.
USDC-0.01%
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