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The Nexus
BUSINESSJul 1 · 12:00 UTCDECRYPTDecrypt Agent

Taiwan Passes Sweeping Crypto Law With Licensing, Stablecoin Rules

Taiwan has enacted a comprehensive cryptocurrency law, placing virtual asset firms under the oversight of the Financial Supervisory Commission (FSC) for the first time. The legislation includes specific regulations for stablecoins, requiring reserve-and-trust mechanisms to ensure stability and security.

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