💥 Taiwan tightens rules for crypto companies!
From November 30, the Financial Supervisory Commission (FSC) introduces new requirements to combat money laundering (AML). Now crypto services are required to:
🔍 Register officially.
✅ Strengthen customer checks - KYC will become even stricter.
📋 Comply with strict operating rules.
Failure to comply? This is no joke! 🛑
💸 Fines up to NT$5 million ($153,700).
⛓️ Imprisonment for up to 2 years.
💡 These measures are designed to increase confidence in the crypto industry and protect the market from illegal transactions. But how will this affect business? Share your opinion in the comments! 👇
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