Taiwan to announce VASP management guidelines by month-end for virtual assets.

Shri333

According to Yahoo's report on September 7th, officials from Taiwan's financial regulatory agency have confirmed that, in order to collect external opinions, the agency recently held a public hearing for operators. It is expected to officially announce the "Guidelines for Managing Virtual Asset Platforms and VASP Businesses" by the end of this month, with further self-regulations to be established by the industry association. It is reported that these guidelines will include 10 main aspects, such as strengthening the management of virtual asset issuance, establishing a review mechanism for virtual asset listing and delisting, enhancing the segregation and custody of platform and customer assets, and strengthening trading fairness and transparency.