New regulations are being introduced by Taiwan’s Financial Supervisory Commission (FSC) to further safeguard crypto investors. The Commission has released industry standards for virtual asset service providers (VASP) operating in Taiwan on September 26. These recommendations outline the FSC’s essential principles for regulating the crypto market in Taiwan. Separating exchange
South Korea FSC has set a deadline for over 60 crypto exchanges. Crypto exchanges need to partner with south Korean local banks Only four exchanges have registered and partnered with a local bank. South Korea Financial Services Commission (FSC) has announced a deadline for more than 60 foreign and local
South Korea is one of the major countries where the majority of people are involved in the cryptocurrency industry. Many countries around the world are working hard to regulate and reform the crypto space. South Korea announced its regulations on 578 cryptocurrencies last month. Overall, many country regulators are conducting
