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Taiwan Allows Professional Investors to Access Foreign Virtual Asset ETFs

Taiwan permits professional investors to access foreign virtual asset ETFs. Investment limited to institutional and high-net-worth clients due to risks. Taiwan’s Financial Supervisory Commission (FSC) has announced a new initiative allowing professional investors to invest in foreign virtual asset exchange-traded funds (ETFs) via a re-entrustment method. This decision, detailed in a press release on Monday,…

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Taiwan FSC Approves Crypto ETFs for Professional Investors Amid Rising Demand

September 30, 2024 at 02:50 PM GST updated: September 30, 2024 at 02:11 PM 2 mins read News Taiwan’s FSC now allows professional investors to invest in crypto ETFs, including Bitcoin, via re-entrustment. Only institutional investors, high-net-worth entities, and experienced individuals can access these high-risk crypto ETFs. Securities firms must assess clients’ knowledge and provide…

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