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Taiwan’s FSC Sets Up Financial Technology Bureau to Oversee Crypto: Report
12.12.2023
Source: Pixabay Taiwan’s Financial Supervisory Commission (FSC) has set up a Financial Technology Bureau to oversee cryptocurrencies to protect investors and increase regulation, according to a Taiwanese news report by United Daily News (UDN). FSC chairman Huang Tian has confirmed the Executive...
Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says
11.12.2023
The central bank is now gathering feedback and improving a platform design, according to Deputy Governor Chu Mei-lie
Taiwan to Consider Crypto ETFs Based on Global Trends and Regulatory Development
5.12.2023
Source: pexels Taiwan’s Financial Supervisory Commission (FSC) is exploring the possibility of introducing cryptocurrency exchange-traded funds (ETFs). The FSC revealed that it is closely studying foreign cryptocurrency futures products and ETFs. The intention is to gradually ease restrictions...
More Apex Banks Jump on e-CNY Pilot Trial Program – The Rise of Global CBDC Issuance?
28.11.2023
Source: AdobeStock China’s e-CNY pilot program is gaining significant attention as three additional banks join the initiative. Reports from local news outlets reveal that Hong Kong-based HSBC Bank, Hang Seng Bank, and Taiwan’s Fubon Bank are already providing access to the Asian...
Crypto Trading Firm Kronos Research Offers 10% Bounty to Hacker
28.11.2023
Kronos Research was hacked in mid-November via stolen API keys, with the attacker making off with $25 million
Sora's First Summit Brought Sam Bankman-Fried to Hong Kong. Now, They've Got Their Eyes on Taipei.
15.11.2023
Jason Fang and Sora Ventures have opened up shop with a marquee office in Taipei 101, and want to revolutionize science with the bitcoin blockchain
Taiwanese crypto exchange and VASP member Bitgin under investigation for money laundering
13.11.2023
The exchange confirmed its COO's brief relationship to an alleged money laundering group in a statement on November 13
Financial Supervisory Commission of Taiwan awards first securitized token license
9.11.2023
Cathay Securities is permitted to issue $930,000 worth of tokenized green bonds every six months
Are high fees killing some types of DApps? Cartesi explains on Hashing It Out
9.11.2023
Erick de Moura argues that on blockchain networks with high fees, some types of decentralized applications don’t survive because users are only willing to part with cash for a few specific kinds
JPEX scandal: Taiwan determines new suspects in alleged fraud — Report
9.11.2023
Taiwan prosecutors want Chang Tung-ying, chief partner at JPEX's office in Taiwan, to be held in custody over alleged fraud
Taiwan Authorities Arrest Two Suspects in JPEX Scandal Amid Ongoing Investigation
9.11.2023
Source: Pixabay The Taipei District Prosecutors Office has detained two individuals linked to JPEX, the cryptocurrency exchange, as part of an ongoing investigation into suspected fraud. The arrests come as a result of their alleged involvement in violations of relevant banking and anti-money...
China’s Digital Yuan Scores Taiwan First with Bond Offering
7.11.2023
China’s digital yuan has completed another historic CBDC first, with a Taiwan-based firm “successfully” issuing e-CNY bonds. The offering, an ultra-short-term financing bond, was launched by Xiamen Xiangyu Group (XMXYG), a Mainland Chinese financial firm based in Xiamen that also...
Report: Taiwan Law Enforcement Seize Over 320 Million USDT From Alleged Money Launderer
2.11.2023
Taiwanese law enforcement recently revealed the seizure of more than 320 million USDT stablecoins from an alleged money launderer. The seizure has been described as Taiwan’s largest bust ever from a single individual. Lamborghini and a Lexus Seized Taiwan’s law enforcement recently...
Taiwan Police Bust $320 Million Crypto Money Laundering Racket
1.11.2023
Taiwan’s Criminal Bureau’s Electronic Investigation Team busted a major crypto money laundering operation, involving $320 million worth of USDT. The criminal network, led by a merchant named Qiu, spanned multiple countries in Southeast Asia, including Malaysia, Philippines, and Hong...
Taiwan introduces crypto bill to Parliament
27.10.2023
The Virtual Asset Management Bill aims to provide “better protection” for the customers and “properly supervise” the industry
Taiwan Advances Crypto Regulation as Draft Act Passes First Reading in Parliament
27.10.2023
Taiwan parliament, the Legislative Yuan, has passed the first reading of a proposed crypto law that would regulate the crypto asset industry. Taiwan has taken a significant step toward regulating the crypto sector by proposing a special crypto law, which has passed its first reading at...
Taiwan Crypto Regulation Gets Going With First Reading of Digital Asset Bill
27.10.2023
The bill sets the groundwork for defining what a virtual asset is and how exchanges should operate in Taiwan
USDC Issuer Circle Collaborates with Taiwanese Firms to Bring Loyalty Points to Crypto Services
26.10.2023
Global fintech firm Circle, which issues dollar-pegged USDC stablecoin, will soon offer loyalty points to stablecoin conversion service in Taiwan. Circle has collaborated with two Taiwanese firms – crypto exchange BitoGroup and convenience store chain Taiwan FamilyMart – to launch...
Circle launches 'points-to-crypto' program with Taiwan convenience store chain
26.10.2023
The United States-based stablecoin issuer Circle reports a partnership with Taiwan’s second-largest convenience store chain, FamilyMart and a local crypto exchange, BitoGroup
Taiwan aims for crypto law by November: Report
6.10.2023
Lawmakers in Taiwan are aiming to create a first draft of a special law about offshore exchanges by the end of November 2023