Taiwan officially proposes crypto bill with first reading passed at parliament

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Taiwan officially proposes crypto bill with first reading passed at parliament
France Dernières Nouvelles,France Actualités
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The special crypto law, if passed and enacted, would require all crypto platforms operating in Taiwan to apply for a permit.

A proposal to regulate crypto assets passed the first reading at the Legislative Yuan, Taiwan’s parliament, according to official records.

While Taiwan’s FSC last month released guidelines for the crypto sector to form its own self-supervisory rules through a potential industry association, such measures lack legal enforceability, the lawmaker said.

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