Driven by concerns over activity in offshore markets and avoiding any regulatory arbitrage, Taiwan lawmakers are targeting the end of November to submit a first draft of a special law about offshore exchanges, The Block reported.
Taiwan is set to impose restrictions on offshore cryptocurrency exchanges operating within its jurisdiction unless they gain the required registration.
Taiwan to Ban All Offshore Exchanges on Failure of Compliance coinspeaker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coinspeaker.com Daily Mail and Mail on Sunday newspapers.
Taiwan's financial watchdog of Taiwan drafted 10 guiding principles for virtual asset service providers (VASPs) after a public hearing for the crypto industry. The principles, compiled by the Financial Supervisory Commission (FSC), are slated to be released by the end of September.
Binance Pursues Regulatory Approval in Taiwan via AML Registration coinspeaker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coinspeaker.com Daily Mail and Mail on Sunday newspapers.