Tag: Taiwan
Taiwan suggests more stringent AML regulations for cryptocurrency service providers
The Ministry of Justice in Taiwan has suggested changes to the current Anti-Money Laundering (AML) legislation, which may result in fines of up to $1.5 million and jail terms of…
Upcoming September 2024: FSC Plans to Draft New Digital Asset Regulations for Taiwan
In September 2024, the Financial Supervisory Commission (FSC) of Taiwan plans to submit a revised draft of the nation’s digital asset legislation. According to Huang Tien-mu, chairman of the FSC,…