South Korea’s FSC Unveils Plan to Define Corporate Participation in Virtual Digital Asset Market 

South Korea’s FSC Unveils Plan to Define Corporate Participation in Virtual Digital Asset Market 

ByNews Polite

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates South Korea is collaborating with various internal authorities to develop its Web3 market. In a recent move, the Financial Services Commission (FSC) unveiled a roadmap to gradually integrate local corporations into the VDA market, which primarily consists of cryptocurrencies. Looking ahead, South Korea…

Taiwan Aligns with India, Japan on AML Regulations for Crypto Businesses, Accelerates Registration Deadline

Taiwan Aligns with India, Japan on AML Regulations for Crypto Businesses, Accelerates Registration Deadline

ByNews Polite

Taiwan is taking regulatory steps to govern its growing crypto sector. In a recent move, the country has made compliance with anti-money laundering (AML) laws mandatory for crypto firms. With the crypto ecosystem expanding, Taiwan has become a hub for Web3 initiatives. According to Statista, Taiwan’s crypto market is projected…

Taiwan Aligns with India, Japan on AML Regulations for Crypto Businesses, Accelerates Registration Deadline

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…