Taiwan's crypto ecosystem gets its official regulator as Hong Kong attracts global crypto firms crypto cryptocurrency Taiwan
- Huang Tian-mu, the chair of Taiwan’s Financial Supervisory Commission , has revealed that the agency will become the primary regulator of cryptocurrencies for the island nation, according to local media reports.
The FSC will also supervise all exchange product listings along with other customer protection measures. While it has been tasked with payments and transactions, other industry-related assets, including non-fungible tokens , will reportedly be handled by the Ministry of Digital Affairs . At least 23 firms have already indicated that “they planned to establish their presence” in the city, according to Hui, including digital asset exchanges, blockchain infrastructure companies, blockchain network security firms, and virtual currency payment providers.
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