Key Takeaways Shih received a 22-year prison sentence in Taiwan for leading the Cointhink crypto fraud ring. The ring laundered $71.3 million USD via Tether’s USDT, exposing risks in unverified crypto exchange platforms. Suspect Shih […]
Key Takeaways Legislator Dr. Ko Ju-chun sees an 80% chance of a Taiwan bitcoin reserve within 5 years, near 100% in 10. Dr. Ko delivered a Bitcoin Policy Institute reserve report to Taiwan’s premier and […]
Taiwan mandates licenses for crypto firms under the new Virtual Asset Service Act. Stablecoin issuers need central bank and FSC approval with full reserve backing. New law imposes tougher penalties for fraud, manipulation, and unlicensed […]
Key Takeaways Taiwan passed the Virtual Asset Service Act on June 30, making the FSC the sole crypto regulator. Untrusted stablecoin issuers or unlicensed VASPs face up to 7 years in prison and $3.1M fines […]
TLDR Taiwan’s market value rose to $4.95 trillion, above India’s $4.92 trillion. TSMC led Taiwan’s rally as AI chip demand lifted investor interest. Taiwan became the fifth-largest stock market by value, based on Bloomberg data. […]
Key Takeaways: Legislator Ko Ju-Chun presented a BPI bitcoin reserve report to Taiwan’s premier and central bank. Taiwan’s $602B FX reserves are over 80% in dollar assets, which BPI says creates currency exposure risk. No […]
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