Taiwan

··

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
Read More
··

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