Taiwan considering international input when deciding on crypto ETFs
Taiwan’s Financial Supervisory Commission (FSC) is exploring the potential introduction of crypto ETFs, carefully examining global trends and regulatory approaches to ensure a balanced entry into the digital asset market. Right now, the country is in the exploratory phase, examining at how these products are performing in other countries, especially the United States, Canada, and Australia, where crypto ETFs are already available. The FSC’s move is part of a bigger picture in Taiwan, where the country is becoming more open to digital assets. The Virtual Asset Management Bill was introduced in October and suggests guidelines for companies handling digital assets, such as keeping customer funds separate from the company’s own funds. The bill does not place stringent rules on stablecoin issuers or ban algorithmic stablecoins. You might also like: Taiwan tightens crypto rules with new guidelines and industry group Taiwan’s regulators have been careful ...