Taiwan introduces crypto bill to Parliament
The bull suggests fines for VASPs operating without a license — no less than two million Taiwanese dollars (around $60,000) and no more than twenty ($600,000).
Source: cointelegraph.com
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The bull suggests fines for VASPs operating without a license — no less than two million Taiwanese dollars (around $60,000) and no more than twenty ($600,000).
Taiwanese legislators introduced the Virtual Asset Management Bill to the unicameral parliament, the Legislative Yuan, on October 25, 2023.
The association intends to represent exchanges, P2P trading platforms, financial investment platforms, wallet hosting companies and other types of crypto businesses.
Industry Leaders Unite: The Dawn of the Taiwan Virtual Asset Platform and Transaction Business Association