New Crypto
Wednesday, 7/1, 04:44 AM
Taiwan Passes a Crypto Law, Ending Years of Legal Limbo
- Taiwan's legislature has passed a Virtual Asset Service Act, its first dedicated law for the crypto industry.
- It requires exchanges and other crypto firms to be licensed by the financial regulator, sets strict rules for stablecoins, and ends years of legal uncertainty — the latest sign that governments worldwide are moving to formally regulate crypto.