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Taiwan to trial crypto custody services through local banks in 2025

[Oct 9 10:13 AM] Taiwan’s Financial Supervisory Commission reportedly plans to start collecting applications from institutions interested in trialing Bitcoin custody services in the first quarter of 2025.

Taiwan’s Regulator Allows Professional Investors to Access Digital Asset ETFs

[Oct 3 2:30 AM] Taiwan’s Financial Supervisory Commission (FSC) has allowed professional investors to venture into foreign virtual asset exchange-traded funds (ETFs) via sub-brokerage. By allowing more diverse investment channels, the FSC aims to boost local…

FTX creditors to receive only ‘10–25% of their crypto back,’ CZ walks free: Law Decoded

[Sep 30 7:02 PM] Taiwan’s FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks.

Taiwan FSC approves foreign crypto ETFs for professional investors

[Sep 30 11:44 AM] Taiwan’s FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks.

South Korean foundation to recover funds from defunct crypto exchanges

[Sep 25 4:53 PM] The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities.

South Korean crypto exchanges face unexpected supervisory fees

[Aug 1 8:44 AM] Introducing supervisory fees marks a crucial step toward increased regulation and oversight.

Taiwan Mobile receives VASP license, entry to crypto market

[Jul 5 3:28 PM] Taiwan’s second-largest telecom has found a way into the crypto market, bring resources and experience with it.

Enforcement of South Korean virtual assets law prescribed in decree

[Jun 26 12:44 PM] The details of enforcing the Protection of Virtual Asset Users Act are not contained in the bill, which comes into force July 19.

US ETH ETF approval pressures Korean regulators

[May 25 2:05 AM] Unlike their U.S. counterparts, Korea’s FSC and FSS have been cautious about allowing crypto trading on traditional securities markets.

Taiwan Acknowledges Binance for Cooperating With Domestic Law Agencies

[Mar 18 2:30 AM] The government of Taiwan has acknowledged the cooperation Binance has offered to domestic law enforcement agencies. According to local reports, Binance is the only offshore exchange that assists the government in dealing with virtual asset fraud…

Crypto Crime Could Mean Jail for Life in South Korea

[Feb 7 4:35 AM] The new consumer protection rules will take effect in July 2024.

South Korean Financial Regulator Says U.S. Bitcoin ETFs May Violate Local Law

[Jan 12 1:03 AM] Further review and consideration regarding crypto ETFs is planned, the regulator says.

Taiwan Issues Crypto Guidance as It Steps Up Regulation

[Sep 26, 2023 4:24 AM] The guiding principles focus on customer protection and includes requirements to custody client funds separately from company assets.

Bank of Korea given right to investigate local crypto firms: Report

[Apr 23, 2023 10:28 PM] The South Korean central bank will be able to access crypto transaction data from exchanges operating in the country.

Taiwan’s Crypto Industry Welcomes Regulatory Announcement

[Mar 19, 2023 11:45 PM] FSC chairman confirms that the island’s top financial watchdog will regulate crypto.