Taiwan’s Crypto ETF Move! 🚀
- Taiwan’s Financial Supervisory Commission (FSC) has announced a new policy that allows professional investors to invest in foreign crypto ETFs through local brokers.
- Access to these products is limited to institutions, high-net-worth assets, and individuals classified as professionals.
- Securities firms are required to conduct suitability assessments for clients to assess the suitability of investors. 📊
- In addition, non-professional institutional clients are required to sign a risk warning letter before their first investment.
- The FSC also requires securities firms to provide regular training to their staff.
What’s going on in the crypto world? Let’s meet in the comments! 💬