**News Flash: Taiwan Greenlights Digital Asset ETFs for Pros**

Taiwan's Financial Supervisory Commission (FSC) has given the nod for professional investors to trade "foreign virtual asset" exchange-traded funds (ETFs). Announced on Sept. 30, this move aims to diversify product choices and boost Taiwan's financial market competitiveness.

- **Regulatory Oversight:** The FSC will keep a close eye on the virtual asset market, emphasizing risk management and regulatory compliance.

- **Conservative History:** Taiwan has been cautious with digital assets, citing fraud and volatility risks, and has stringent Anti-Money Laundering measures.

- **Global Alignment:** This shift aligns Taiwan with financial hubs like Hong Kong and Singapore, balancing digital asset exposure with risk mitigation.

- **CBDC Caution:** Despite embracing digital asset ETFs, Taiwan's central bank is in no hurry to launch a central bank digital currency (CBDC), preferring a gradual approach.

Stay tuned for more updates on Taiwan's evolving financial landscape!