Description

Introduced Bill on Virtual Asset Management including operational licence requirement

On 25 October 2023, the Bill on Virtual Asset Management was introduced into the Legislative Yuan of Taiwan. The Bill would require entities aiming to establish a virtual asset business to ensure that their personnel do not have criminal convictions…

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2023-10-25
under deliberation

On 25 October 2023, the Bill on Virtual Asset Management was introduced into the Legislative Yuan o…