2023 Fintech Trends Forum | Legislator Tseng Ming-tsung: Taiwan will definitely have a regulatory authority for virtual currencies on May 16.
Legislator Tseng Ming-chung stated at a financial technology trends forum that the Executive Yuan is expected to establish the regulatory authority for virtual currencies in Taiwan before May 16, which could be either the Financial Supervisory Commission (focused on supervision) or the Department of Digital Development (assisting industry development).
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Legislator Tseng Ming-tsung stated at a financial technology trends forum that the Executive Yuan is expected to establish the regulatory authority for virtual currencies in Taiwan before May 16, which could be either the Financial Supervisory Commission focusing on supervision or the Ministry of Digital Development assisting in industry development.
Tseng Ming-tsung believes that regulation and development, investment protection and industry development, international development trends, and the country's unique ecosystem should be balanced.
He has not yet leaned towards any specific regulatory authority to lobby the Executive Yuan.
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