Attention, crypto enthusiasts! 🚀

Taiwan is bringing forward its new anti-money laundering regulations for cryptocurrency businesses. Exchanges must now register by November 30, instead of January 2025. Failure to register could result in fines of up to NT$5 million or two years in prison.

- 26 providers are already approved, but all must comply with the new mandate.

- Exchanges are urged to monitor suspicious transactions.

What do you think about these measures? Leave us your comment!