Taiwan Lawmakers Study Crypto Licensing Models in Singapore and Hong Kong
New York, NY
In November, Taiwanese legislators undertook official visits to major crypto innovation centers in Singapore and Hong Kong.
$AVAX The primary objective of these trips was to learn from the experiences of these competitive jurisdictions regarding the regulation and promotion of the crypto industry.
$AVA The visiting delegation demonstrated a particular interest in the licensing models for crypto exchanges and the established mechanisms for investor protection utilized in both territories.
$WCT By actively learning from its regional competitors, Taiwan is seeking to refine its own national crypto strategy.
This proactive international engagement underscores Taiwan's explicit ambition to transform itself into a leading crypto hub in the Asian region.
The insights gathered are expected to inform upcoming regulatory frameworks aimed at balancing innovation with financial security.
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