đ Taiwan is gearing up for a crypto custody revolution! The Financial Supervisory Commission (FSC) plans to pilot crypto storage services through local banks, with applications starting Q1 2025. đŠ
Three private banks are already eager to dive into the crypto custody business, focusing on Bitcoin, Ether, and even Dogecoin. đ¶
Financial institutions must specify asset types and target users, whether they're professional investors or everyday crypto enthusiasts. Stay tuned for more updates as this story develops! đ
Source: Crypto PM