Taiwan's draft special law on cryptocurrency passed its first reading in the Legislative Yuan
According to the Legislative Yuan Gazette, the "Virtual Asset Management Act" proposed by legislators Jiang Yongchang, Guo Guowen, and Chung Chia-pin has passed the first reading in the Legislative Yuan.
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According to the gazette of the Legislative Yuan, the "Regulations on Virtual Asset Management" proposed by legislators Jiang Yongchang, Guo Guowen, and Chung Chia-Pin has passed the first reading in the Legislative Yuan.
The co-signing legislators include Su Chih-Fen, Wang Mei-Hui, Chen Hsiu-Pao, Lo Chih-Cheng, Chang Liao Wan-Chien, Ho Chih-Wei, Lin Chu-Yin, Tsai Yi-Yu, Cheng Yun-Peng, Shen Fa-Hui, Tang Hui-Chen, Wu Yu-Chin, Liu Chien-Kuo, Huang Kuo-Shu. In the first reading meeting, after reporting the title to the session for reading, it will be referred to the relevant committee for review. If more than 20 members co-sign or support the proposal, it can proceed to the second reading upon approval by vote.
"Cryptocurrency-specific regulations" - Are they to protect businesses or consumers? Professor Yang Yueh-Ping interprets Taiwan's regulatory path.
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