🚀 Hot Crypto News from Taiwan 🇹🇼
- The FSC has just announced new AML regulations for virtual asset service providers (VASPs), effective from January 1, 2025.
- Crypto companies must register with the government by September 2025, or face fines or imprisonment.
- VASPs need to prepare annual risk assessment reports and submit them to government agencies.
- The FSC will propose new crypto laws by June 2025, with a draft expected by the end of this year.
- Taiwan opens digital asset ETF market to professional investors, increasing financial competition.
What do you think about these new regulations? Comment below! 💬#Crypto#Blockchain#Taiwan#BTC