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Taiwan financial regulator says will oversee crypto currencies
- linkweb3
- 2023-03-20
- 3181
- Newsletter
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Summary:Taiwan's Financial Supervisory Commission will be the main overseer of crypto currencies on the island, the head of the regulator said on Monday. Huang Tien-mu told lawmakers in parliament that the Financial Supervisory Commission will initially be responsible for the supervision of payments and transactions, but will not cover NFTs, or "non-fungible tokens". Huang said he will discuss the details with other government departments as well as "self-discipline norms" with relevant industries.
Taiwan's Financial Supervisory Commission will be the main overseer of crypto currencies on the island, the head of the regulator said on Monday. Huang Tien-mu told lawmakers in parliament that the Financial Supervisory Commission will initially be responsible for the supervision of payments and transactions, but will not cover NFTs, or "non-fungible tokens". Huang said he will discuss the details with other government departments as well as "self-discipline norms" with relevant industries.
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