Taiwan passes crypto bill; Russia's digital currency rules take effect
Two major economies just moved while US bitcoin ETFs bled a record $4.3B this month, undercutting the 'crypto capital' framing while Asia and Russia lock in regulatory clarity.
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Two major economies just moved while US bitcoin ETFs bled a record $4.3B this month, undercutting the 'crypto capital' framing while Asia and Russia lock in regulatory clarity.
The framework routes stablecoin issuance through regulated bank subsidiaries rather than open crypto firms, a structural win for incumbents that redefines who gets to mint.
The framework brings fraud and market-manipulation penalties to a market that ran largely unsupervised, and gives stablecoin issuers a defined issuance regime for the first time.
Virtual asset service providers will need an FSC license within 12 months, stablecoin issuers face 100% reserve mandates and dual central-bank approval, and unauthorized operators risk seven years in…
The framework moves crypto into a defined legal regime under the FSC, marking the island's most concrete step yet to legitimize institutional participation while applying AML and licensing rules.
The third-reading passage hands the FSC licensing authority over crypto exchanges and stablecoin issuers, drawing the regulatory line Taipei spent five years drafting.
Taiwan is planning to support a $200 million data center project in Paraguay, a move that signals both a deepening of…
NVIDIA has crossed a landmark threshold, now spending more than $100 billion annually in Taiwan — a figure that…
Nvidia CEO Jensen Huang has declared Taiwan the "epicentre" of the AI revolution and the world's foremost technology…
Taiwan has officially surpassed India to claim the rank of the world's fifth largest stock market by capitalization, a…
A formal proposal to Premier Cho Jung-tai and central bank Governor Yang Chin-long would make Taiwan the next test case for sovereign BTC adoption, with the central bank asked to deliver a…