Taiwan legislator Ko Ju-Chun proposed allocating a small percentage of the Taiwanese reserves to Bitcoin as part of the diversified reserve strategy.
Taiwan News
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Taiwan accelerates its crypto AML mandate, imposing stricter registration rules and penalties for noncompliance.
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Chinese chip manufacturer Xiamen Sophgo denied having any business relationship with Huawei after being cut off by Taiwan Semiconductor Manufacturing Company.
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Taiwan’s Financial Supervisory Commission reportedly plans to start collecting applications from institutions interested in trialing Bitcoin custody services in the first quarter of 2025.
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The Taiwanese FSC has released new Anti-Money Laundering laws that will replace its current regulations and require full compliance of VASPs.
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Taiwan’s FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks.
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The company is now worth more than Broadcom and closing in on Meta.
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The Central Bank of the Republic of China mentioned handling government tenders through special purpose tokens to improve operational efficiency using smart contracts for bids and performance bonds.
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Taiwan’s second-largest telecom has found a way into the crypto market, bring resources and experience with it.
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Tether partners with Taipei University to advance blockchain and digital asset education, aiming to equip students with essential knowledge and skills.
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A man in Taiwan faces charges for using the crypto betting platform Polymarket to wager on the 2024 elections.
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The association was formed after the country’s Justice Ministry proposed AML amendments for crypto firms that could result in penalties, including up to two years in prison.
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Working with Binance, Taiwan prosecutors pieced together the evidence, resulting in the indictment of nine individuals for financial crimes, including money laundering and fraud.
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Taiwan’s Ministry of Justice proposed four amendments to the country’s AML regulations focused on cryptocurrency firms that plan to impose hefty penalties for noncompliance.
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According to the prosecutors, the scale of losses justifies the sentence recommendation.
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