The post Taiwan Considers Crypto ETFs, Mulls Regulatory Demands! appeared first on Coinpedia Fintech News
Taiwan’s financial regulator, the Financial Supervisory Commission (FSC), is considering allowing cryptocurrency exchange-traded funds (ETFs) but is waiting to analyze their development in other markets. The FSC has previously blocked crypto-ETF proposals due to volatility concerns. Crypto regulatory developments have accelerated in Taiwan with the introduction of a 30-page document outlining regulatory demands for the industry. The document suggests common-sense obligations for virtual asset service providers without requiring stablecoin issuers to hold a 1:1 ratio of reserve funds.
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