Taiwan News

Taiwan's central bank has clarified that it lacks a specific timetable for introducing a digital currency, or CBDC.

BitoPro’s parent company BitoGroup has entered into a partnership agreement with Far Eastern International Bank Bankee to launch “crypto-friendly bank account.” BitoGroup, the parent company of Taiwanese crypto exchange BitoPro, has teamed up with the local digital bank Far Eastern…

Cross-border payments startup XREX has raised $18.75 million from Tether to expand use cases for USDT-based payments in emerging markets. XREX, a cross-border crypto exchange platform founded by Wayne Huang and Winston Hsiao, has raised nearly $19 million from Tether,…

Binance has collaborated with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to crack down on a $6.2 million money laundering scheme. According to the official release, the massive operation valued at nearly NT$200 million was…

Ace Exchange founder David Pan was accused of fraud and money laundering for $10.7 million.

In a move aimed at bolstering ties with law enforcement in handling crypto-related crimes, Binance conducted a virtual assets law enforcement workshop for the officers of the Keelung District Prosecutors Office in Taiwan. The event, announced on March 13, reflects…

Taiwan plans to introduce a legislative framework for regulating cryptocurrencies by September of this year.

Taiwanese crypto exchange ACE plans to delist the token and is cooperating with law enforcement after its founder was detained.

Taiwan's Financial Supervisory Commission (FSC) is exploring the potential introduction of crypto ETFs, carefully examining global trends and regulatory approaches to ensure a balanced entry into the digital asset market.

Renowned for its involvement in crypto research, marketing, and investment, Kronos Research now grapples with substantial financial repercussions arising from the breach.

Cathay Securities announced that it has obtained regulatory approval to launch Taiwan’s first Security Token Offering business. 

The Taipei District Prosecutors Office has detained two individuals connected to the crypto exchange JPEX in relation to an investigation into potential fraud. According to local reports, Chang Tung-Ying, the lead partner at the Taiwan branch of the embattled crypto…

Taiwanese authorities have arrested an individual suspected of laundering a record $320 million through digital assets, marking the largest case of crypto-related money laundering in the country's history.

The Virtual Asset Management Bill lays the foundation for categorizing virtual assets and outlining the operational guidelines for exchanges within the country. On Oct. 25, legislators in Taiwan introduced a Virtual Asset Management Bill to the Legislative Yuan, the country’s…

The stablecoin issuer has also joined forces with BitoPro Crypto Exchange operator, BitoGroup. Circle Internet Financial has announced a strategic partnership agreement with BitoGroup and Taiwan FamilyMart in a bid to expand USDC’s usage in East Asia. According to a…

Taiwan is moving forward with plans to regulate the crypto industry by proposing a draft special law for first reading by the end of November, according to a lawmaker.