Taiwan's Financial Supervisory Authority (FSC) is introducing new anti-money laundering (AML) rules for all local virtual asset service providers (VASPs).

- The new rules require all crypto companies to register by September 2025.

- Violators face fines of up to NT$5 million and prison terms of up to 2 years.

- Companies must submit annual risk assessment reports.

📉 Taiwan tightens controls over crypto market.