On 7/5, the Financial Supervisory Commission website announced the latest "List of Virtual Currency Platform Operators that have Completed a Declaration of Compliance with Money Laundering Prevention Laws", with Lin Zhichen, general manager of the large telecommunications company Taiwan Mobile, as the person in charge, and Taiwan Mobile as the legal representative. Fu Sheng Digital Co., Ltd." became the 26th VASP operator in Taiwan, and it was a natural progression to become a member of the VASP Association.
According to Lianxin News, Taiwan Mobile has been submitting its application for a long time, and it has finally been approved. We also look forward to the future, where the combination of Taiwan Mobile and exchanges will bring about different cryptocurrency application scenarios.
In the past, Line Group has also launched cryptocurrency exchanges and platform coins, as well as NFT-related applications. However, due to restrictions on regulations and market acceptance, it has not achieved great success.
This article Taiwan Mobile, a major telecommunications company, takes control of the cryptocurrency exchange, and General Manager Lin Zhichen’s company becomes Taiwan’s 26th VASP operator first appeared on Chain News ABMedia.