JPEX scandal: Taiwan determines new suspects in alleged fraud — Report
Taiwan prosecutors want Chang Tung-ying, chief partner at JPEX’s office in Taiwan, to be held in custody over alleged fraud. Go to Source
Taiwan
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Taiwan introduces crypto bill to Parliament
The Virtual Asset Management Bill aims to provide “better protection” for the customers and “properly supervise” the industry. Go to Source
Circle launches ‘points-to-crypto’ program with Taiwan convenience store chain
The United States-based stablecoin issuer Circle reports a partnership with Taiwan’s second-largest convenience store chain, FamilyMart and a local crypto exchange, BitoGroup. Go to Source
Taiwan aims for crypto law by November: Report
Lawmakers in Taiwan are aiming to create a first draft of a special law about offshore exchanges by the end of November 2023. Go to Source
SEC continues to delay decisions on crypto ETFs: Law Decoded
The latest delays came two weeks before the second deadline for many applicants. Go to Source
Taiwan bans unregistered foreign crypto exchanges from operating
Apart from local exchanges like Maicoin, major global crypto trading firms like Binance, ByBit and Kraken have also been serving customers in Taiwan. Go to Source
Taiwan’s major crypto exchanges form association to advance industry interests
MaiCoin Group, BitoGroup and ACE became the first three founders of the Taiwan Virtual Asset Platform and Transaction Business Association. Go to Source
How senators plan on regulating AI: Law Decoded, Sept. 4–11
Senators Richard Blumenthal and Josh Hawley’s framework emphasizes that technology companies cannot rely on liability protections to shield them from legal actions. Go to Source
Taiwan to restrict unregistered, non-compliant foreign crypto exchanges
Taiwan’s crypto watchdog has drafted ten guiding principles for virtual asset service providers operating in the country. Go to Source
Binance applies for Taiwan AML compliance: Report
The world’s leading crypto exchange by trading volume has reportedly applied to register in Taiwan under the new AML compliance. Go to Source
