**Taiwan Opens Doors to Digital Asset ETFs for Pros! đ**
- Taiwanâs Financial Supervisory Commission (FSC) has greenlit professional investors to dabble in âforeign virtual assetâ ETFs.
- This move, announced on Sept. 30, aims to spice up investment options and boost Taiwanâs financial market competitiveness.
- The FSC will keep a close eye on the virtual asset market, focusing on risk management and regulatory compliance.
- Taiwanâs cautious approach includes strict Anti-Money Laundering measures and a FinTech Regulatory Sandbox for safe innovation.
- While embracing digital asset ETFs, Taiwanâs central bank is in no rush to launch a CBDC, preferring a slow and steady approach.