NewsMV
Taiwan has enacted legislation requiring digital asset platforms to obtain operating licenses from the Financial Supervisory Commission before they can do business in the country.
The law clears the legal uncertainty that had previously defined Taiwan's stance on the crypto sector. For platforms active in the market, compliance with the new licensing framework is now a precondition for operation.
What the Law Actually Requires At its core, the legislation establishes the Financial Supervisory Commission as the designated licensing authority for crypto platforms operating in Taiwan.
Prior to the law's passage, the sector operated without a clear statutory framework governing who could offer digital asset services and under what conditions.
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