🇹🇼 Taiwan's Financial Supervisory Commission (FSC) reveals a cautious stance on cryptocurrency ETFs, citing the exploratory nature of cryptocurrencies in many countries and their rapid price fluctuations. They plan to adjust regulations gradually after studying global trends in ETFs. Previously, Taiwan had considered issuing a cryptocurrency and blockchain ETF but withheld approval due to concerns about volatility, speculation, and potential harm to investors. 📈🏦
#CryptocurrencyETFs #RegulationUpdate 🌐💼