The Taiwan VASP Association Will Be Officially Established on 6/13! FSC: Virtual Asset Regulation in Four Phases, Draft Special Law to be Released by the End of the Year
Chairman of the Financial Supervisory Commission (FSC), Huang Tien-mu, attended a special session at the Legislative Yuan today and for the first time clearly disclosed the timeline for the formulation of a special law for virtual assets. He stated that the FSC will gradually regulate virtual assets in four phases, ultimately moving towards the establishment of a special law for virtual asset management. The draft of this law is expected to be completed by the end of December this year and submitted to the Executive Yuan by June next year.
Miyuki
