Taiwan FSC Publishes Guidelines and Q&A for the Management of VASPs
According to the latest questions and answers for Virtual Asset Service Providers announced by the Taiwan Financial Supervisory Commission (FSC) in May 2024, virtual asset service providers shall comply with the specific guidelines as follows:
Point 5 of the Guidelines: Segregation of customer assets
Point 8 of the Guidelines: Customer protection regulations
Point 9 of the Guidelines: Information security and crypto wallet management
Point 12 of the Guidelines: Prohibit derivative financial products
In order to assist overseas crypto exchanges entering the Taiwan market, Crowe Taiwan translated the VASPs guidelines issued by the Taiwan FSC into English for your reference.
Contact us for more information:
Daniel Cheng
Email: [email protected]
CPA Partner, Crowe Taiwan