📱 Taiwan Mobile, affectionately known as Taiwan Big Brother, has snagged a virtual asset service provider (VASP) license from the Financial Supervisory Commission. This is a major step towards opening its own cryptocurrency exchange. The telecom giant had to jump through several Anti-Money Laundering hoops to get the license but hey, no pain no gain, right? The move is expected to give the crypto industry a much-needed boost. Meanwhile, Taiwan's crypto regulations are getting tougher than a two-dollar steak, with the FSC introducing fines and even prison terms for violations. So, play nice, folks!