Taiwan Financial Supervisory Commission plans to launch virtual asset custody business

According to BlockBeats news, on October 9, the Taiwan Financial Supervisory Commission plans to launch a virtual asset custody business. Three banks have already expressed interest. The first trial application for a virtual asset custody business is expected to appear in the first quarter of next year.

Service objects will include virtual asset trading platforms, professional institutional investors, etc. According to relevant explanatory materials, financial institutions applying for a trial run of virtual asset custody business in the future must describe the types of virtual assets they store, such as Bitcoin, Ethereum, Dogecoin, etc. They must also describe the service objects of the virtual asset custody business, such as virtual asset platforms. , professional investors or general investors, etc.

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