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Virtual Asset Service Act

Coverage of Virtual Asset Service Act in the Nexus archive.

Earliest in view: Jul 1 · 14:07 UTCMost recent: Jul 1 · 14:07 UTC
Co-mentioned in this coverage
Taiwanplace1Legislative Yuanorganization1Lai Ching-teperson1Financial Supervisory Commissionorganization1Bitcoin Magazineorganization1Kenyaplace1Ghanaplace1
Recent coverage
  • BUSINESSJul 1 · 14:07 UTCBITCOIN MAGAZINE
    Taiwan Passes Crucial Crypto Law With Licensing Rules, Stablecoin Framework

    Taiwan's Legislative Yuan passed the Virtual Asset Service Act, establishing its first comprehensive crypto regulatory framework with licensing requirements for service providers and a stablecoin structure. The law mandates approval from the Financial Supervisory Commission and central bank for crypto operations, imposes strict penalties for violations, and includes transition periods for existing firms.

Virtual Asset Service Act · Dossier · The Nexus