FSC – The Shib Daily

Taiwan’s FSC Unveils Groundbreaking Crypto Innovation Plan—Is Virtual Asset Custody the Next Big Thing?

October 11, 2024

Taiwan’s Financial Supervisory Commission (FSC) unveils plans to stimulate financial innovation in the crypto space, revealing its intentions to launch thematic business trials and encourage financial institutions to apply for virtual asset custody services. In a recent announcement, the FSC revealed that three banks

Policy·Regulation·Road 2 Crypto

Taiwan Opens Access to Foreign Crypto ETFs for Professional Investors

September 30, 2024

Taiwan’s Financial Supervisory Commission (FSC) has announced that professional investors can now invest in foreign cryptocurrency exchange-traded funds (ETFs). These investors, including institutional players, high-net-worth individuals, and other high-asset clients, will be allowed to participate through a method known as “re-entrustment.” This process will enable them to access foreign crypto ETFs via Taiwanese securities firms.