Private Banks in Taiwan Seek to Explore Virtual Asset Custody Business, FSC Shows Support

Private Banks in Taiwan Seek to Explore Virtual Asset Custody Business, FSC Shows Support

ByNews Polite

Taiwan’s Financial Supervisory Commission (FSC) is exploring ways to integrate Web3 services into its financial ecosystem. At a recent press conference, FSC official Hu Zehua stated that the regulatory body is open to involving financial institutions in trials for virtual asset custody services. This move follows growing interest from private…