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

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 lenders in recent months, with … Read more

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

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 to grow at an annual … Read more

TSMC Plans More Chip Plants in Europe, Taiwan Official Says

Taiwan Semiconductor Manufacturing Co. is planning more plants in Europe with a focus on the market for Artificial Intelligence (AI) chips, according to a senior Taiwanese official, as the chipmaker expands its global footprint.  “They have started construction of the first fab in Dresden, they are already planning the next few fabs in the future … Read more