🚀 Taiwan is gearing up for a crypto custody revolution! The Financial Supervisory Commission (FSC) plans to pilot crypto storage services through local banks, with applications starting Q1 2025. 🏦

Three private banks are already eager to dive into the crypto custody business, focusing on Bitcoin, Ether, and even Dogecoin. 🐶

Financial institutions must specify asset types and target users, whether they're professional investors or everyday crypto enthusiasts. Stay tuned for more updates as this story develops! 🌐

Source: Crypto PM