Taiwan is not willing to lag behind and is opening up to attracting overseas crypto capital investment.
Taiwan plans to release new regulations on virtual assets in December and is considering allowing overseas Bitcoin ETF investment
Peng Jinlong, the new chairman of the Financial Supervisory Commission (FSC) of Taiwan, said that in order to expand the proportion of the financial industry in Taiwan's economy, the FSC plans to relax relevant regulations on the use of financial products. In addition, the FSC plans to release a briefing on the deregulation of financial technology innovation business in July, and will complete the draft of virtual asset management rules in December, and is considering allowing overseas Bitcoin ETF investment. (Bloomberg)
