Taiwan’s Financial Supervisory Commission (FSC) is considering allowing crypto exchange-traded funds (ETFs) in the country. Currently in the exploratory phase, the FSC is closely monitoring the development of ETFs in other markets, such as the United States, Canada, and Australia. The FSC also acknowledges the launch of cryptocurrency futures commodities on various stock exchanges. While the FSC intends to gradually liberalize rules for digital asset trading, it currently relies on self-discipline and regulation. In the past, local investment banks’ crypto ETF initiatives have been blocked due to the high volatility of cryptocurrencies. Last fall, Taiwan saw an acceleration of regulatory developments for the crypto industry, including the introduction of the Virtual Asset Management Bill and the release of industry guidelines for virtual asset service providers. Major local crypto exchanges have also formed a self-regulatory association.

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Information	Details
Geography	Asia
Countries	🇺🇸 🇨🇦 🇦🇺 🇭🇰
Sentiment	neutral
Relevance Score	1
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Companies	Hong Kong Stock Exchange, Securities and Exchange Commission, Toronto Stock Exchange, New York Stock Exchange, NASDAQ Exchange, Cboe
Currencies	Bitcoin, cryptocurrencies, YUSD Stablecoin
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