🇹🇼 Taiwan opens its doors to professional investors to participate in foreign virtual asset ETFs! 🎉

📢 The FSC announced on September 30, aiming to expand product choices and investment channels and enhance Taiwan's financial competitiveness.

🔍 The FSC will continue to monitor the virtual asset market, focusing on risk management and regulatory compliance.

⚠️ Taiwan maintains a cautious stance on digital assets, concerned about fraud and volatility. The FSC has warned and implemented strict anti-money laundering measures.

🌐 This move is in line with policies in global financial centers such as Hong Kong and Singapore.

💡 Virtual asset ETFs are considered high-risk investments, only for professional investors, in compliance with FSC regulations.

🏦 Taiwan's central bank remains cautious about launching CBDC, preferring gradual progress.

💬 What do you think about Taiwan's move? Comment and share your opinion! 👇