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Home ยป Taiwan forms new industry association to oversee cryptocurrency sector
Cryptocurrency

Taiwan forms new industry association to oversee cryptocurrency sector

By adminJun. 13, 2024No Comments1 Min Read
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Taiwan forms new industry association to oversee cryptocurrency sector
Taiwan forms new industry association to oversee cryptocurrency sector
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The recently established alliance consists of 24 cryptocurrency businesses that are all officially recognized by the FSC for adhering to anti-money laundering (AML) regulations. This requirement is compulsory for cryptocurrency enterprises in Taiwan as part of the government’s efforts to combat criminal activities within the digital currency sector. Leading the association is Titan Cheng, the founder and CEO of BitoPro, the top cryptocurrency exchange in Taiwan. Serving as the vice-chairman is Winston Hsiao, the co-founder and chief revenue officer of XREX. Stay up-to-date with the latest financial and business updates by visiting COINTURK FINANCE.

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