Latest News and Articles about Taiwan

Taiwan’s Banks to Issue NTD Stablecoins: FSC Proposes Law in 2025

26 January 2025 Daily Feed FSC, NTD, Stablecoins, Taiwan

Taiwan’s Bold Leap into Digital Finance: Banks to Issue NTD-Pegged Stablecoins Taiwan is set to revolutionize its financial landscape by allowing local banks to issue stablecoins pegged to the New Taiwan Dollar (NTD), with the Financial Supervisory Commission (FSC) proposing a draft law in June 2025. This move, part of the broader VASP Registration Regulations […]

Taiwan’s First AML Arrest: Chen’s USDT Dealings Signal New Regulatory Era

12 January 2025 Daily Feed AML, Taiwan, USDT, VASP

Taiwan’s Historic AML Crackdown on Unregistered USDT Dealers: Chen’s Arrest Marks New Era In a major crackdown, Taiwanese authorities arrested 30-year-old Chen from Kaohsiung for operating as an unregistered virtual currency dealer, marking the first case prosecuted under the nation’s new anti-money laundering (AML) laws. Chen’s activities involved hundreds of Tether (USDT) transactions facilitated through […]