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🇹🇼 TAIWAN JUST GAVE CRYPTO ITS CLEAREST RULEBOOK.
Taiwan has passed landmark crypto legislation.
The new law
- Requires licenses for exchanges and stablecoin issuers
- Enforces stricter reserve and cybersecurity standards
- Strengthens consumer protections
Illegal crypto operations now face up to 7 years in prison and $3.1M in fines.
Another country just chose regulation over restriction.
Taiwan establishing the blueprint, we are so back bros.