๐ Big news from Taiwan! The Financial Supervisory Commission (FSC) is opening the doors for professional investors to dive into foreign cryptocurrency ETFs! ๐ This is a major step for Taiwanโs investment scene, but it's mainly for institutional investors and high-net-worth individuals.
The FSCโs decision follows a detailed review by the Securities Business Association of the Republic of China, focusing on the risks of virtual assets. To keep things safe, only qualified investors can participate, ensuring robust systems to assess eligibility.
Taiwan joins the global trend, following the U.S., Canada, and Hong Kong in embracing crypto ETFs. Exciting times ahead! #Crypto #ETFs #Blockchain