đ Big news for Bitcoin enthusiasts! Taiwan's Financial Supervisory Commission (FSC) has rolled out a new policy allowing professional investors to dive into foreign cryptocurrency exchange-traded funds (ETFs) via local brokers. đ
This move is a game-changer, but it's not for everyone. Only institutions, high-net-worth entities, and individuals classified as professionals can access these high-risk, high-reward financial products. đ
Securities firms must conduct suitability assessments to ensure investors have the necessary expertise. Plus, ongoing education and training for staff are mandated to keep everyone in the loop about virtual assets. đ
With this framework, Taiwan aims to broaden investment opportunities while safeguarding investor interests. đ
Bitcoin lovers, the future looks bright! đ
