Taiwan – The Shib Daily

Taiwan Unveils World’s First Crypto-Friendly Bank Account Amid Growing Crypto Adoption and Educational Initiatives

June 21, 2024

In a landmark move for the financial and cryptocurrency sectors, Taiwan is set to launch the world’s first dedicated crypto-friendly bank account. BitoGroup, the parent company of the Taiwanese cryptocurrency exchange BitoPro, has partnered with Far Eastern International Bank’s digital arm, Bankee, to facilitate

Policy·Regulation·Road 2 Crypto

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 have shown interest, with the launch anticipated in the first quarter

October 4, 2024

Taiwan FSC Tightens AML Rules and Expands Access for Crypto Investors

Taiwan’s Financial Supervisory Commission (FSC) has introduced new rules to tighten anti-money

September 30, 2024

Taiwan Opens Access to Foreign Crypto ETFs for Professional Investors

Taiwan’s Financial Supervisory Commission (FSC) has announced that professional investors can now