Taiwan Mobile, the country's second-largest telecom provider, has secured a virtual asset service provider (VASP) license from the Financial Supervisory Commission (FSC). This move paves the way for the telecom giant to open a cryptocurrency exchange. Taiwan Mobile, also known as Taiwan Big Brother, is the 26th company to receive a VASP license. The company, which has been eyeing the crypto market for over a year, was licensed under the name of its subsidiary, Fusheng Digital. The entry of a major corporation like Taiwan Mobile into the VASP association, typically dominated by startups, is expected to give the industry a significant boost.