🚀 Taiwan is heading towards a new era of cryptocurrency: Officially launching cryptocurrency custody services in the first quarter of 2025

Taiwan is about to officially launch cryptocurrency custody services through three private banks in the first quarter of 2025. The news was reported on October 8, marking the official recognition and regulation of cryptocurrencies by the Taiwan Financial Supervisory Commission.

The three private banks that initially participated in this service will bring new vitality to the cryptocurrency market. It is worth noting that when the Financial Supervisory Commission mentioned cryptocurrencies, it mentioned Bitcoin, Ethereum, and even Dogecoin, which may surprise some people.

As a result, the public speculated that this seemed to reflect that the Taiwan Financial Supervisory Commission’s understanding of cryptocurrencies may not be deep enough. It seems biased to compare meme coins such as Dogecoin with Bitcoin and Ethereum in the eyes of industry practitioners.

Despite this, many people began to speculate whether Taiwan would follow Singapore and become the next cryptocurrency center. But there is also a view that although Taiwan is at the forefront of the world in emerging industries such as AI and chips, it is still a long way to go to become a cryptocurrency center, although it is not impossible.

But it is worth affirming that the Taiwan Financial Supervisory Commission has finally begun to take cryptocurrencies seriously and has formulated corresponding policies. This is undoubtedly a positive signal for Taiwan's future financial development and the cryptocurrency investor market.

Finally, let us look forward to how this change will shape Taiwan's position in the cryptocurrency field!

#台湾金管会 #金融创新 #加密货币未来 #加密货币托管