🇹🇼 Taiwan steps up AML regulation for crypto! 🎉

- FSC announces new registration deadline for crypto exchanges is November 30, 1 year earlier than expected.

- 26 crypto providers have been approved, but all must comply with the new regulations.

- Warning: Failure to register can result in 2 years in prison or a fine of up to 5 million TWD.

📋 Checklist for exchanges: Monitor suspicious transactions by name, bank account, IP, and multiple accounts.

🚨 MaiCoin & BitoPro fined for AML violations. Exchanges need to submit registration forms and notify changes within 5 days.

💬 What do you think about Taiwan's move? Share your thoughts! ⬇️