People Power Party (PPP), a major right-wing political party of South Korea, officially announced Friday that it would promote a new bill aiming to promote the local crypto asset sector.According to local news agency Newsis, Kim Sang-hoon, policy chi

South Korea’s top financial regulator will start allowing charities, universities and crypto exchanges to sell certain cryptocurrency holdings in the first half of this year amid “growing demand” for institutional crypto trading.This comes after the

South Korea’s Financial Services Commission (SFC) is set to allow institutions to start selling their digital asset donations and instruct banks to offer more services to cryptocurrency firms.South Korea’s main financial regulator will allow charitie

South Korea has officially begun discussions to develop the second part of its crypto regulatory framework and aims to draft the legislation within the second half of this year, local news outlets reported.The country’s Financial Services Commission

Taiwan’s Financial Supervisory Commission will enact new rules in January 2025 to require VASPs to complete compliance registration.

Taiwan's FSC plans trials for crypto custody services in 2025. Cybersecurity and anti-money laundering measures are prioritized. Continue Reading:Taiwan Initiates Trials for Crypto Asset Custody Services in Local Banks The post Taiwan Initiates Trial

Regulators in Taiwan are reportedly planning a trial run of crypto custody services in local banks next year. According to a new report by the Central News Agency (CNA), a media outlet backed by the government of Singapore, Taiwan’s Financial Supervi

Taiwan’s FSC will require virtual asset service providers to complete AML registration or face criminal penalties.

In an announcement on September 30, 2024, Taiwan’s Financial Supervisory Commission (FSC) greenlit foreign crypto exchange-traded funds (ETF) for professional investors. Foreign Digital Assets ETFs Approved For Professional Investors According to the

Taiwan’s FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks.

Taiwan's FSC permits professional investors to access Bitcoin ETFs. Regulations focus on risk assessment and investor protection. Continue Reading:Taiwan Allows Professional Investors to Access Bitcoin ETFs The post Taiwan Allows Professional Investo