Liminal, after successfully expanding into other Asia-Pacific markets, further increases its influence in the region by officially entering the Taiwan market. Liminal plans to join the Virtual Currency Business Association of the Republic of China, collaborating with other members to promote the establishment of industry standards for Taiwan's thriving virtual asset industry. (Background: Comprehensive analysis of cryptocurrency wallets, cold and hot wallet principles, differences in custody, pros and cons of multi-signature wallets) (Context: Michael Saylor supports bank custody of Bitcoin, Vitalik challenges nonsense: this is not the spirit of crypto) This article is a press release written and provided by Liminal and does not reflect the views of BlockTempo. As a leading provider of virtual asset custody and wallet infrastructure, Liminal officially announces the establishment of a local company in Taiwan, First Answer Taiwan LLC. This move marks an important strategic milestone for Liminal's business layout in the Asia-Pacific and Middle East and North Africa (MENA) regions, demonstrating its high regard and commitment to the Taiwan market. To celebrate this significant moment, Liminal held a grand opening ceremony in Taiwan on November 22, 2024, inviting distinguished guests from various sectors to witness this historic occasion. Liminal celebrates the launch of its business in Taiwan with several key participants in the Taiwanese crypto industry in a thriving market with strategic growth. Taiwan boasts a flourishing virtual asset and cryptocurrency market, coupled with a robust and forward-looking regulatory framework, making it an ideal hub for Liminal's expansion. Through the establishment of First Answer Taiwan LLC, Liminal will be better positioned to provide highly secure and compliant digital asset wallet infrastructure, meeting the needs of the local ecosystem and supporting the growth and development of Taiwan's blockchain industry. Lesley Kuo, Liminal's Taiwan Sales Director, stated: "Entering Taiwan is an exciting and critical milestone for Liminal, marking the further expansion of our business footprint in the Asia-Pacific region. Taiwan's emphasis on security and compliance aligns closely with our core values. We look forward to providing better quality and localized services to local businesses and regulatory authorities." Looking to the future, the establishment of First Answer Taiwan LLC not only strengthens Liminal's business foundation in Taiwan but also creates more opportunities to promote the security and transparency of blockchain technology and virtual asset management. At the same time, Liminal will not only introduce innovative wallet technology solutions into the Taiwan market but will also contribute its rich custody experience accumulated overseas, helping to enhance Taiwan's virtual asset management capabilities and service quality, significantly improving the professionalism and competitiveness of the market. In the future, Liminal will continue to strive to become an important partner for virtual asset service providers in Taiwan, contributing to the establishment of a more robust and trustworthy market ecosystem. Important collaboration with XREX Liminal's rapid entry into the Taiwan market is aided by its collaboration with the well-known local company XREX. XREX is a digital asset exchange and cross-border solution provider focused on cybersecurity and regulatory compliance. This collaboration highlights XREX's commitment to strong asset custody management, ensuring that customers can conduct digital asset transactions securely. David Lee, Liminal's Global Vice President of Sales, further shared: "We are proud to partner with XREX in our efforts to expand into the Taiwan market. These partnerships allow us to showcase our expertise and commit to providing high standards of security and regulatory compliance in the digital asset space." Future development in the Asia-Pacific region Through collaboration with XREX and other major partners we are connecting with, Liminal has gained a broader customer base, further solidifying its market position in the Asia-Pacific region. The company is committed to providing excellent services to meet the ever-changing demands of the Taiwanese market. About Liminal Liminal is a compliance technology service provider focused on virtual asset custody and wallet infrastructure, having obtained CCSS Level 3 Full System certification, a standard established by the International Cryptocurrency Certification Consortium (C4), and is the world's first security standard designed specifically for cryptocurrency wallets and custody. We have also passed SOC Type 2, ISO 27001, and ISO 27701 certifications, demonstrating exceptional performance in security and compliance. Headquartered in Singapore, Liminal operates across the Asia-Pacific, Middle East and North Africa (MENA), and Europe, with offices in Singapore, India, and the UAE. Additionally, we have obtained a Financial Services Permission (FSP) from the Abu Dhabi Global Market (ADGM) and preliminary approval from the Dubai Virtual Assets Regulatory Authority (VARA). Liminal focuses on providing virtual asset custody services that meet international standards, operating in a highly secure and compliant manner, whether self-custody or full custody. Our wallet infrastructure platform features advanced security and automation capabilities, adopting a plug-and-play architecture that allows developers, business partners, and government entities to go online quickly, helping to build a trustworthy digital asset management environment. For more information, please visit: https://www.liminalcustody.com/ Related reports: Michael Saylor supports bank custody of Bitcoin, Vitalik challenges nonsense: this is not the spirit of crypto. The world's largest custody institution, Euroclear, makes its first entry into Asia! Investing in Temasek's blockchain company Marketnode. New York Mellon enters the Bitcoin ETF custody race, challenging Coinbase's dominance. "Liminal crypto custody announces its entry into Taiwan! Establishing 'First Answer Taiwan' and plans to join the VASP Association, expanding into the Asia-Pacific market". This article was first published on BlockTempo.