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… origin »

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Источник: Cripyo.news

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
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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
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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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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
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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
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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
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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
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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
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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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210 Bitcoin Land On Taiwan’s Balance Sheet After Asset Crackdowns

Taiwan has taken custody of about 210. 45 BTC. According to official responses shared with lawmakers, the coins were seized during criminal probes into fraud, money laundering and other illegal activity.

Taiwan Reveals It Holds 210 Bitcoin Seized in Criminal Cases, Valued at $18 Million

Bitcoin Magazine Taiwan Reveals It Holds 210 Bitcoin Seized in Criminal Cases, Valued at $18 Million Taiwan’s Ministry of Justice disclosed it holds over 210 bitcoin seized from criminal cases, placing the country among the world’s top government bitcoin holders.

Taiwan considers holding Bitcoin in strategic reserves

Taiwan’s central bank has reportedly agreed to study Bitcoin as a strategic reserve as well as draft pro-Bitcoin regulations and start a BTC treasury using seized BTC. In a recent post, Taiwanese legislator Dr. Ko Ju-chun announced that the Executive…

Taiwan’s first Bitcoin treasury company raises $10m to buy BTC

Luxury watch retailer Top Win has raised $10 million in an investment strategy that sees it become the first Bitcoin treasury company in Taiwan. According to a press release, the Hong Kong-based company said its move to venture into digital…

Taiwan lawmaker urges adding Bitcoin to national reserves

Taiwanese legislator Ko Ju-Chun has urged the government to consider including Bitcoin in its national reserves, alongside gold and foreign currencies. Speaking at a national finance conference on May 9, Ko suggested allocating a small portion of the country’s reserve…

Taiwan may allow local banks to issue stablecoins tied to the new Taiwan dollar

Taiwan banks may issue NTD-pegged stablecoins FSC to propose a law in June 2025 for oversight Stability and regulation will be key for crypto integration In a groundbreaking move towards integrating cryptocurrency with traditional finance, Taiwan’s financial regulator is to propose legislation enabling local banks to issue stablecoins pegged to the New Taiwan Dollar (NTD).

Taiwan FSC proposes law allowing banks to issue stablecoin

The Taiwan FSC plans to propose a draft law in June 2025, allowing local banks to issue stablecoins tied to the new Taiwan dollar. According to a report from local media outlet Money UDN, the Taiwan Financial Supervisory Commission wants…

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2024-10-10 10:26

services taiwan → Результатов: 19

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