The new draft bill will aim to create more guardrails to protect digital asset investors.
Taiwan News
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While many attributed the recent surge in AI tokens to Nvidia’s massive earning reports, data indicates AI tokens have been on a positive trajectory over the past month.
6982According to a Kyros Ventures report, 33.3% of Chinese investors hold a large number of stablecoins, ranking them second only to Vietnam’s 58.6%, indicating a higher level of risk appetite.
7217The president of Ace Exchange said none of the firm’s employees had been arrested following Taiwanese police conducting raids as part of a fraud investigation.
24977Several Taiwanese residents were reportedly using the decentralized betting platform Polymarket, the same platform that saw record-breaking trading volumes during the 2020 United States election.
10997A central bank official spoke about ongoing CBDC research and other payment modernization initiatives Taiwan is exploring.
15936The Financial Supervisory Commission considers itself to be “in the exploratory phase” for crypto exchange-traded funds.
8456The exchange confirmed its chief operating officer’s brief relationship with an alleged money laundering group in a statement on Nov. 13.
30459Cathay Securities is permitted to issue $930,000 worth of tokenized green bonds every six months.
12635Taiwan prosecutors want Chang Tung-ying, chief partner at JPEX’s office in Taiwan, to be held in custody over alleged fraud.
2006The Virtual Asset Management Bill aims to provide “better protection” for customers and “properly supervise” the industry.
2063The partnership will allow FamilyMart customers to exchange their loyalty points for the Circle-issued USDC.
1717Lawmakers in Taiwan are aiming to create a first draft of a special law about offshore exchanges by the end of November 2023.
3059The latest delays came two weeks before the second deadline for many applicants.
4453Besides local exchanges like Maicoin, major global crypto trading firms like Binance, Bybit and Kraken have also been serving customers in Taiwan.
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