Taiwan regulators mull piloting crypto custody services with local banks: report

2024-10-10 10:26

Taiwan’s financial watchdog reportedly plans to launch a pilot program for crypto custody services, with three banks already expressing interest. Taiwan‘s Financial Supervisory Commission is set to launch a pilot program for crypto custody services, aiming to stimulate institutional adoption…

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services taiwan custody crypto program pilot financial

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Источник: btcmanager.com

services taiwan → Результатов: 19

Taiwan to launch digital asset custody pilot for banks in 2025

Taiwan’s Financial Supervisory Commission (FSC) will launch a pilot program for institutions interested in digital asset custody services, local media reported on Oct. 8. The program is part of the country’s broader effort to foster financial innovation amid plans to introduce comprehensive legislation for the digital asset industry by the end of 2024.

2024-10-10 19:46	Regulation
digital asset financial program taiwan custody pilot

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Taiwan takes center stage with new crypto regulations. Assessing...

Taiwan's guidelines have a strong focus on fostering self-regulation within the virtual asset services industry. Internal control and audit systems are also a part of the regulatory framework.

2023-9-7 19:00	News
taiwan internal control industry services virtual asset

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Taiwan Set to Ban Purchase of Crypto With Credit Cards

Taiwan’s financial regulator has issued new requirements for banks and credit card companies preventing them from allowing credit cards as a means of payment for virtual asset services. The post Taiwan Set to Ban Purchase of Crypto With Credit Cards appeared first on BeInCrypto.

2022-7-23 16:30	Taiwan
credit cards taiwan set crypto ban purchase

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Huobi Restricts Retail Users in China and Taiwan from Using its Derivatives (Leverage) Trading

One of the biggest cryptocurrency exchanges in China, Huobi, has ceased to provide contract trading services for Chinese users. This is, however, only limited to leverage trading, which has been the target of Chinese regulators, and citizens are still allowed to do spot trading.

2021-6-28 17:28	Huobi
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JPMorgan Piloting Blockchain-based Payment Solution in Asia

American investment bank and financial services provider JPMorgan, on Monday, April 12, launched ‘Confirm,' a blockchain solution to reduce the number of rejected or returned payments. ‘Confirm' Validates Transactions In ‘Near Real-time' Following the launch, the US bank is now test-running the blockchain solution with 12 banks in Taiwan.

2021-4-12 20:50
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New Wirex Visa Travelcard To Reward Users With 1.5% in Bitcoins on All In-Store Purchases

Crypto and fiat multi-currency accounts provider, Wirex has officially launched its travel Visa card as of Monday, November 11, 2019. Considering the fact that the firm focuses on establishing connections around the world with its services, the new travelcard will first be made present in the Asia-Pacific region, namely, Singapore, Taiwan, Hong Kong, South Korean, […]

2019-11-12 01:17	Wirex
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Formosa Financial Announces Client on Boarding Q4 2018 Mithril Client #1

Bitcoin Press Release: Since completing private round funding in May 2018, Formosa Financial has been working hard in the development of a one-stop digital asset management platform. October 2nd, 2018.

2018-10-2 09:41	Virtual Currency
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Korean Mobile Carrier Will Provide Blockchain Payments Overseas

Korean mobile carrier LG Uplus will provide blockchain-based overseas payment services to its subscribers via partnerships in Japan, Taiwan, and the United States. The service, based on the cross-carrier payment system (CCPS), is expected to go on trial early next year.

2018-9-20 14:14	South Korea
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LG U+ Will Bring Blockchain-Based Payment Services to Overseas Customers

South Korean telecom company LG U+ revealed Sunday that it will be rolling out a new blockchain-based, cross-carrier payment system (CCPS) via partnerships with mobile carriers in Taiwan and Japan, according to The Korea Times.

2018-9-18 04:00	Taiwan
customers blockchain-based payment system bring mobile new

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Taiwanese Hospital Picks Blockchain for New Patient Platform

Taipei Medical University Hospital has used distributed ledger technology with the aim to improve referral services in more than 100 healthcare institutions in Taiwan.

2018-9-4 21:18	News
hospital referral services improve aim institutions taiwan

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Taiwan Hospital Launches Online Blockchain Platform

Thailand’s Taipei Medical University has launched a new healthcare platform using blockchain technology, Taipei Times reports. The Healthcare Blockchain Platform is designed to improve patient referral services and integrate individual healthcare networks, making it easier to access medical care records.

2018-9-3 19:23	Cryptocurrency News
platform blockchain healthcare care taiwan medical referral

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HTC Says Blockchain Phone Exodus Will Be Released Later This Year

Computer manufacturing company HTC says it is on the verge of releasing its upcoming blockchain phone, Exodus, which was first announced in May of 2018. Chief crypto officer at HTC Phil Chen leads the company’s blockchain and cryptocurrency initiatives.

2018-7-18 19:47	Adoption & community
htc phone blockchain chen company crypto exodus

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Taiwanese Firm, Green World Launches Ethereum-based Stablecoin

The financial market in Taiwan has just received a significant boost by the introduction of digital currency by Green world Fintech Services. The currency will rate equally with the Taiwanese dollar, and its creation is aimed at making online transactions easier, transparent and faster.

2018-7-10 13:09	Taiwan
taiwanese world green currency firm ethereum-based launches

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Taiwan’s Financial Regulator to Conduct Limited Oversight of Cryptocurrencies

The Financial Supervisory Commission of Taiwan has indicated its intentions to maintain only a limited oversight of cryptocurrencies. The regulator said it’s going to focus mainly on the enforcement of anti-money laundering policies, while remaining open towards innovations like those coming from the crypto sector.

2018-6-22 15:40	#tokens
cryptocurrencies regulator taiwan financial oversight limited conduct

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Taiwan’s financial watchdog to expand oversight of crypto exchanges: report

Taiwan’s financial regulator is reportedly set to enforce a registration system for crypto exchanges in late November, signaling heightened scrutiny in the sector. Taiwan‘s Financial Supervisory Commission is poised to implement a registration system for crypto exchanges on Nov. 30,…

Taiwan FSC drafts new AML rules for crypto firms with penalties for non-compliance

Taiwan’s Financial Supervisory Commission has drafted new anti-money laundering regulations for virtual asset service providers, which will soon require compliance or lead to penalties. According to a recent announcement, the FSC has introduced a draft of the ‘VASP Registration Regulations,’…

Taiwan’s financial regulator permits professional investors to invest in digital asset ETFs

The FSC has restricted access to the virtual asset ETFs to professional institutional investors Security companies will need to establish a “virtual asset ETF suitability system” Taiwan’s financial regulator is allowing professional investors to invest in “foreign virtual asset” exchange-traded funds (ETFs) through a re-entrustment service.

Taiwan allows access to foreign crypto ETFs for professional investors

Taiwan’s Financial Supervisory Commission (FSC) has approved the access of professional investors to foreign crypto-based exchange-traded funds (ETFs). The new policy, announced on Sept. 30, introduces a re-entrustment model for these investments.

Taiwan regulator approves foreign crypto ETFs for professional investors

Taiwan’s financial regulator has authorized professional investors to access foreign crypto exchange-traded funds through local brokers. Professional investors in Taiwan can now access foreign crypto exchange-traded funds through local securities firms, as approved by the Financial Supervisory Commission to diversify…

Taiwanese court convicts spies paid in crypto by China

Taiwan’s high court convicted eight people of espionage for China, revealing that crypto was used to facilitate payments in one of the most prominent spying cases in recent years. Bloomberg reports, citing Taiwan’s Ministry of Justice’s Investigation Bureau, that Chinese…

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